ecoWise reported 3Q FY2026 revenue of SGD 6.87 million, down 17%, and a net loss attributable to shareholders of SGD 0.63 million. For 3Q FY2026, gross profit was SGD 1.19 million and administrative expenses were SGD 1.42 million, up 7%. The company said the revenue decline was mainly due to a 29% drop in Resource Recovery revenue to SGD 4 million, driven by reduced sales to a major rubber compound customer and lower rental income, partly offset by an 11% rise in Renewable Energy revenue to SGD 2.88 million. For 9M FY2026, ecoWise posted a net loss attributable to shareholders of SGD 0.88 million and net cash from operating activities of SGD 4.31 million. It said it is restructuring its tyre retreading operations and is seeking further lease extensions and relocation options for its Sungei Kadut biomass power plant and resource recovery facilities to support operational continuity.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ecoWise Holdings Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 1CW4JRCP5GY786EE) on March 13, 2026, and is solely responsible for the information contained therein.
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