SINGASIA HLDG(08293) announces good profit, expecting a mid-term profit of approximately 240,000 Singapore dollars, turning losses into profits year-on-year.
Stara Holdings (08293) announced that it expects to report a profit of approximately 240,000 Singapore dollars for the six-month period ending on January 31, 2026, compared to a loss of approximately 1,097,000 Singapore dollars for the same period ending on January 31, 2025. The turnaround from loss to profit is mainly attributed to the fair value changes in financial assets that are recognized in profit or loss.
SINGASIA HLDG (08293) announced that it expects to record a profit of approximately 240,000 Singapore dollars for the six months ending January 31, 2026, compared to a loss of approximately 1.097 million Singapore dollars for the six months ending January 31, 2025. The turnaround from loss to profit is mainly attributed to the fair value changes in financial assets recognized in the income statement.
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