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Alset 1H26 net loss narrows 24% to S$ 8.41 million; revenue rises to S$ 386,000

PUBT
Aug 12, 2026 at 09:36 AM
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Alset International reported a narrowed net loss of S$8.41 million (down 24% YoY) and increased revenue to S$386,000 for H1 2026, driven by F&B operations following a café acquisition. Loss per share improved to 0.24 Singapore cents. Cash reserves fell to S$10.2 million with an operating cash outflow of S$3.5 million. Management anticipates Black Oak contract-build agreements in Q3 2026, with construction starting Q3/Q4 2026.

  • Alset International posted a net loss of S$ 8.41 million, narrowing 24% from the prior-year period. * Revenue rose to S$ 386,000 from S$ 23,000, driven by S$ 334,000 from food and beverage after a café acquisition. * Loss per share improved to 0.24 Singapore cents from 0.31 Singapore cents. * Cash and cash equivalents fell to S$ 10.2 million from S$ 21.57 million, with operating cash outflow of S$ 3.5 million. * Management expects Black Oak contract-build agreements in Q3 2026, with construction starting Q3/Q4 2026; Section 5 approvals targeted Q3 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alset International Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: JAUZ4P9LGYH3OPGH) on August 12, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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