LEGION CONSO(02129) announces a positive profit forecast, expecting a mid-term profit attributable to shareholders of approximately 700,000 Singapore dollars, turning losses into profits compared to the same period last year.
Zhitong Finance APP reported that LEGION CONSO (02129) announced that it expects to achieve a profit attributable to shareholders of approximately S$700,000 for the six months ending June 30, 2026 (the current period), compared to a loss attributable to shareholders of approximately S$1.56 million for the six months ending June 30, 2025 (the previous period). The anticipated turnaround from loss to profit is primarily due to (i) an increase in customer demand for truck transportation services and freight forwarding services during the current period, driving revenue growth; and (ii) a reduction in professional fees, owing to lower consulting and advisory costs compared to the previous period.
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