Gemilang FY26 H1 profit drops to US$12,000; revenue rises 13.7% to US$13.3 million

• Gemilang International released interim results for six months ended April 30, 2026, with profit attributable to owners down 67.86% to US$ 9,000.
• Revenue rose 13.7% to US$ 13.3 million; operating profit climbed to US$ 579,000 from US$ 409,000.
• Profit before tax fell to US$ 82,000 from US$ 152,000 as finance costs widened to US$ 497,000 from US$ 257,000.
• Bank loans and overdrafts more than doubled to US$ 23.25 million, while cash and bank balances fell to US$ 899,000.
• Delivered 46 CBU units and 7 CKD units; EV order revenue increased to US$ 6.51 million, with expansion focus on the PRC, USA, Australia, New Zealand and Middle East.

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