Premium Catering posts S$2.1M revenue, lower loss
Premium Catering (Holdings) Limited cut its six‑month net loss sharply despite a modest revenue decline, mainly through lower operating expenses.
Rhea-AI Filing Summary
Premium Catering (Holdings) Limited (PC) reported interim results for the six-month period ended December 31, 2025, showing lower revenue but a sharply reduced loss. Revenues, net were S$2,055,246 compared with S$2,232,003 for the prior-year period, while gross profit was S$588,977 versus S$632,092.
Operating expenses fell significantly to S$1,063,380 from S$2,075,257, reducing loss from operations to S$52,336 from S$1,443,165. Net loss/comprehensive loss narrowed to S$429,085, down from S$1,404,862, and basic and diluted net loss per share declined to S$(0.0004) from S$(0.06), based on 21,650,000 weighted average shares. As of December 31, 2025, total assets were S$11,348,411, total liabilities were S$1,550,155, and total shareholders’ equity was S$9,798,257, with cash and cash equivalents of S$971,863.
Positive
- Six‑month net loss fell to S$429,085 from S$1,404,862, a substantial improvement driven by much lower operating expenses.
- Loss from operations narrowed to S$52,336 from S$1,443,165, indicating the core business moved close to break‑even for the period.
Negative
- Revenues, net declined to S$2,055,246 from S$2,232,003 for the six months ended December 31, 2024, a drop of over 5%.
- Cash and cash equivalents decreased from S$1,937,987 at June 30, 2025 to S$971,863 at December 31, 2025, reducing liquidity.
- The company remained loss‑making, with net loss per share of S$(0.0004) for the six‑month period ended December 31, 2025.
Filing Explained
The September 9 filing incorporates interim statements into a registration statement; it reports existing Class A and B shares, not a disclosed issuance.
The
As a foreign private issuer’s interim report, Form 6-K furnishes material information; here, the stated structural effect is that these interim statements become part of the registration filing, while this document does not report an offering or sale.
The share table lists 900,000,000,000 authorized and 18,652,750 issued and outstanding Class A ordinary shares, plus 100,000,000,000 authorized and 10,547,250 issued and outstanding Class B ordinary shares.
Reported cash and cash equivalents were
Any issuance or dilution question remains tied to terms not supplied here, such as an offering or issuance disclosed in the registration statement or a later filing.
Key Figures
Key Terms
Operating lease right-of-use assets financial
Additional paid-in capital financial
Earnings Snapshot
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.