Back 04 Nov 2025

Yongmao Holdings Issues Profit Warning for 1H FY2026 Amid Revenue and Margin Slump

Link: https://links.sgx.com/1.0.0/corporate-announcements/ACXAK6UUG9A50X43/03d941c26c6c8316cf847481ef109fa88d1a797b87900aa0e8de253c08183869

Summary:

  • Company projects a net loss for the six months ended 30 September 2025, mainly from lower Hong Kong revenue and reduced profit margins on tower crane sales.

  • Additional fair value losses on financial assets expected to result in total comprehensive loss for shareholders.

  • Detailed financial results will be released before 15 November 2025.

  • Board cautions shareholders to exercise care when trading Yongmao securities and seek professional advice as needed.

  • Statement endorsed by CEO Tian Ruo Nan, dated 4 November 2025.

  1. https://links.sgx.com/FileOpen/20251104%20-%20Profit%20Guidance%201H%20FY2026%20-%20Yongmao.ashx?App=Announcement&FileID=865967