CSC Holdings corrects FY2026 profit after tax to $2.9 million after typographical error

Reuters2026/07/28 09:29

By:Reuters

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CSC Holdings clarified Malaysia operations posted a gross loss in FY2026, driven by lower-margin projects hit by delays and project-specific events.
Rectification costs were booked for unforeseen soil and irregular subsurface rock conditions; insurance recovery efforts continue, recognition only when sufficiently certain.
Singapore operations generated about 82% of FY2026 turnover, delivering 10%-15% gross margins over the past two years.
Corrected a typographical error in the FY2026 annual report five-year summary; profit after tax was $2.9 million.
Wrote off $4 million of receivables outstanding for more than six years; balances were fully impaired previously, limiting FY2026 earnings impact.

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. CSC Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 75IMAA6E4URQUGBV) on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CSC Holdings corrects FY2026 profit after tax to $2.9 million after typographical error

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