Back 21 Jan 2026

Aedge warns of net loss for 1H FY2026 on contract cost overruns and weak ridership

Summary:

  • Aedge Group expects to report a net loss for the half year ending 31 December 2025 (1H FY2026), reversing from a net profit in the same period a year earlier.

  • The loss guidance is mainly attributed to higher operating costs and margin pressures in its transport operations, including cost overruns on certain contracts and lower-than-expected ridership and charter demand.

  • The group also cites increased staff and compliance costs, as well as one-off expenses linked to business development and systems upgrades, which will weigh on interim earnings.

  • Aedge says it is reviewing pricing, cost controls and contract terms to mitigate the impact, and will provide full details when it releases its 1H FY2026 results.

Link:
https://links.sgx.com/1.0.0/corporate-announcements/RV2D93C7QTWU3Z94/b1f5de5ba34afd9f142cc2126a11c0dcb73b38ff7c9fc02b4e90147534bbed6a