Tai Sin Electric issues profit warning for first half of FY2026
SGX Filings
Jan 23
Tai Sin Electric Limited announced on Jan, 23 2026 that it expects a “significant” decline in net profit for the six months ended Dec, 31 2025 (1HFY2026) compared with the same period a year earlier.
The weaker performance is mainly attributed to a late-December surge in copper prices, which forced the company to book additional provisions for onerous contracts that had been secured at committed selling prices but remained unfinished as at the period’s end.
Tai Sin Electric said it is finalising its unaudited results and plans to release the full figures on or before Feb, 14 2026. The company advised shareholders and potential investors to exercise caution when dealing in its shares.
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