Back 08 Aug 2025

Asiatic Group (Holdings) 1Q2026: Expects net loss; margin pressure from lower electricity tariffs and FX loss on USD receivables

Link: https://links.sgx.com/1.0.0/corporate-announcements/0RBSPWVI50497BCH/9caa63bd8ca4e01ed3491d634d6aa1c37ef2ba27710446e47287eb96ca4641f8

Summary:

  • Guidance: The Group expects to report a net loss for 1Q2026 based on preliminary unaudited results.

  • Drivers:

    • Gross margin: Lower margins in Energy Services due to customers switching to lower-tariff plans and a regulated tariff cut in Cambodia; Fire Protection Solutions margin also declined from inflationary cost pressures.

    • Foreign exchange: FX loss from USD depreciation against SGD on USD-denominated receivables.

  • Timing: Unaudited 1Q2026 results to be announced on or before 14 August 2025.

  • Caution: Shareholders and investors should exercise caution when trading the Company’s shares.

  1. https://links.sgx.com/FileOpen/AGHL-Annc-Loss%20Guidance%201Q2026.ashx?App=Announcement&FileID=854847