Amos Group's FY2026 loss doubles to $14.7m

Loss from continuing operations rose to $11.6m.

Amos Group Limited reported wider losses for the year ended 31 March 2026 (FY2026), alongside weaker revenue and profitability.

Total comprehensive loss for FY2026 was $14.7m, compared with a loss of $7.4m in FY2025.

Loss from continuing operations rose to $11.6m from $3.3m a year earlier.

The result includes a $4.5m inventory write-down; excluding this, the underlying pre-tax loss from continuing operations would have been about S$7.1m.

The Marine segment posted a smaller loss after tax of $3.2m versus $6.7m in the prior year.

Revenue from continuing operations fell 30.2% year-on-year to $26.7m, down from $38.3m in FY2025.

Gross profit declined to $6.2m from $13.3m, whilst gross margin narrowed to 23.1% from 33.3%.

On structural changes, the group sold a 12% stake in MOS Supply Pte Ltd and AMOS Malaysia Sdn. Bhd. (and their subsidiaries) to CR3 Pte Ltd for $1.7m under a joint venture arrangement.

After completion, Amos Group retained an 88% controlling interest, whilst CR3 holds 12%.

Separately, AMOS International (S) Pte. Ltd. sold its entire stake in Amos International (HK) Limited and Amos Korea Co. Ltd. to Everise Shipping (Singapore) Holdings Pte. Ltd. for $256k in cash, exiting both entities fully.

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