Springview FY26 first-half net loss narrows 37.97% to S$315,197; revenue rises 38.4% to S$5.17 million
Bitget2026/09/23 20:32- Springview Holdings reported a net loss of S$315,197 for the six months ended June 30, 2026, narrowing 37.97%.
- Revenue climbed 38.40% to S$5.17 million, while operating loss improved to S$286,051 from S$526,214.
- Gross profit rose 54.07% to S$1.28 million, while general and administrative expenses increased 15.36% to S$1.56 million.
- Cash fell to S$1.72 million at June 30, 2026 from S$3.81 million at Dec. 31, 2025, while operating cash outflow widened to S$2.10 million.
- Management said the higher operating cash outflow was primarily attributable to a S$1.09 million increase in contract assets and a S$0.51 million increase in prepaid expenses.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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