Medi Lifestyle HY26 loss widens 9.7% to RM 1.67 million; revenue drops 92.5% to RM 303,000
Reuters2026/08/11 15:55Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Medi Lifestyle posted a 2Q2026 net loss of RM 1.33 million, widening 52.1% from a year earlier.
- Revenue fell 85.5% to RM 104,000, with no commodity trading activity due to volatile pricing and geopolitical and weather disruptions.
- Loss before tax widened 41.2% to RM 1.08 million, while administrative expenses climbed 34.4% to RM 953,000 on rights-issue costs.
- Cash and bank balances rose to RM 4.73 million from RM 261,000 at end-2025, helped by shareholder funding and rights subscriptions.
- Operations in Back to Life and Healthpro Marketing were discontinued as at June 30, with healthcare results reclassified as discontinued operations.
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. Medi Lifestyle Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: TOLCSG1P7HBYW300) on August 11, 2026, and is solely responsible for the information contained therein.
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