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Corporate Score 32 Bullish

Chemical Industries (Far East) Forecasts Reduced Losses for FY2026

Apr 27, 2026 06:57 UTC
C05.SI
Short term

The company expects a significant narrowing of losses for the 2026 financial year driven by operational efficiencies. Cost-cutting measures and improved pricing on new contracts are cited as primary drivers.

  • Expects significantly narrower losses for FY2026 vs FY2025
  • Implementation of organizational rightsizing and headcount reductions
  • Reduction in manufacturing operational costs
  • Positive impact from tender wins at improved pricing
  • FY2025 loss attributable to owners was S$21.46 million
  • Full unaudited results expected by May 30

Chemical Industries (Far East) Limited (C05.SI) has issued guidance indicating that losses for the 2026 financial year will be significantly narrower than those recorded in the previous period. The company attributes this expected improvement to a strategic rightsizing of its organization, which primarily involved reductions in headcount and a general lowering of costs across its manufacturing operations. Beyond internal cost controls, the firm noted that the results have been bolstered by multiple tender wins secured at more favorable pricing. These operational improvements are intended to stabilize the company's financial position following a challenging prior year. In fiscal 2025, the company reported a loss before tax of S$22.10 million, with the loss attributable to owners of the company totaling S$21.46 million. The current guidance is based on the board's preliminary assessment following a review of unaudited results. Investors are awaiting the full unaudited consolidated financial statements for 2026, which the company plans to release on or before May 30. The market will be looking for confirmation of these cost-saving trajectories in the final figures.

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