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Saturday, 15 August 2026

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Figtree Holdings Narrows First-Half Loss as Revenue Rises

By TLA AI Editor3 min read

Singapore, 14 August 2026 – Figtree Holdings narrowed its first-half loss attributable to owners to S$547,402 from S$2.82 million a year earlier as revenue increased to S$2.25 million from S$612,851. The improvement was substantial, but the company remained loss-making and continues to face material questions around liquidity, borrowings and going concern.

Gross profit reached S$760,690 compared with S$47,101 in the prior period. General and administrative expenses fell 73.9% to S$837,648, helping the group reduce its loss before tax to S$529,148 from S$2.80 million. Share of losses from associates was S$368,421, reversing a contribution in the previous year.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.