GUAN CHAO HLDGS announced its interim results, with a loss attributable to equity holders of SGD 3.41 million, turning from profit to loss year-on-year
GUAN CHAO HLDGS announced its mid-term results for 2025, with revenue of approximately SGD 14 million, a year-on-year increase of 74.88%. The loss attributable to equity holders of the company was SGD 3.41 million, a turnaround from profit to loss, with a loss per share of 0.65 Singapore cents. The revenue growth was mainly due to an increase in automobile sales of approximately SGD 5.93 million or 80.9%. The reasons for the turnaround to loss include an increase in selling and distribution expenses of approximately SGD 1.9 million, an increase in administrative expenses of approximately SGD 5.1 million, and a gross profit increase of approximately SGD 4.6 million offsetting these costs
According to the Zhitong Finance APP, GUAN CHAO HLDGS (01872) announced its interim results for 2025, with revenue of approximately SGD 140 million, a year-on-year increase of 74.88%; the loss attributable to equity holders of the company was SGD 3.41 million, turning from profit to loss; the loss per share was 0.65 Singapore cents.
The announcement stated that the revenue growth was mainly due to an increase in automobile sales of approximately SGD 59.3 million or 80.9%. The turn from profit to loss was mainly due to an increase in selling and distribution expenses of approximately SGD 1.9 million; an increase in general and administrative expenses of approximately SGD 5.1 million; and offset by an increase in gross profit of approximately SGD 4.6 million
