The Straits Trading Company Limited has announced a significant revenue growth of 49.5% for the first half of 2026, reaching $400m. This increase, compared to $267.5m in the same period last year, was primarily driven by stronger performances in the Resources and Real Estate segments. The company also reported a narrowed loss attributable to its owners, reducing from $40.8m in H1 2025 to $11.1m in H1 2026.
The company’s earnings before interest, tax, depreciation, and amortisation (EBITDA) remained stable at $53.8m, slightly down from $55.3m the previous year. This stability was attributed to robust earnings from the Resources segment, which offset weaker contributions from the Real Estate and Hospitality sectors. The absence of a non-cash remeasurement loss on Exchangeable Bonds, which impacted the previous year’s results, also contributed to the improved financial performance.
As of 30 June 2026, Straits Trading’s net gearing decreased to 57.5%, down from 61.8% at the end of 2025. The company’s cash and bank balances stood at $280.4 million, a decline from $488.4m at the end of the previous year, primarily due to the settlement of bank loans.
The improved financial results highlight Straits Trading’s resilience and strategic focus on its core segments, positioning the company for potential growth in the coming months.
