Back 05 Nov 2025

Ascent Bridge Limited Warns of Net Loss for 1H FY2026 as Export Sales Stall, New Domestic SKU Partially Offsets Decline

Link: https://links.sgx.com/1.0.0/corporate-announcements/58HVPUUZ00IAREYY/cf65550d2fb7282566fc404afee26c742997311b39f353b5ec1e5ac3d847ef54

Summary:

  • The group expects to report a net loss for six months ended 30 September 2025, with revenue dropping due to weaker contributions from duty-free export markets, especially Middle East, Malaysia, and US.

  • Lower sales volumes from recurring export customers and slow sales momentum drove the decline, only partly mitigated by higher duty-paid domestic market sales, led by a new product “Langjiu.”

  • Final unaudited results will be released soon, with shareholders and investors urged to exercise caution until more details are disclosed.

  • Statement issued by Chairman and CEO Qiu Peiyuan on 5 November 2025.

  1. https://links.sgx.com/FileOpen/ABL%20-%201H2026%20PROFIT%20GUIDANCE.ashx?App=Announcement&FileID=866081