Eastern International turns to FY26 net loss of $1.15 million; revenue rises 14% to $45.63 million

Reuters2026/07/30 21:04

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Eastern International posted revenue of $45.63 million, up 14% year over year, while net results swung to a loss of $1.15 million.
Operating results turned to a loss of $1.06 million as gross margin narrowed 5.7 percentage points to 9.3% on higher costs.
Transportation services revenue rose 16.1% to $40.93 million, driven by a 52.2% jump in project logistics to $32.15 million.
General logistics revenue fell 37.8% to $8.78 million, while warehouse subleasing slipped 1.8% to $4.7 million.
General and administrative expense climbed 48.3% to $4.39 million, including $816,950 of share-based compensation tied to 815,000 ordinary shares granted.

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. Eastern International Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-035476), on July 30, 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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Eastern International turns to FY26 net loss of $1.15 million; revenue rises 14% to $45.63 million

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