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Stocks•30 April 2026•

1 min read

Magnitude International Reports Interim Loss Amid Revenue Decline and Slowing Projects

Key Facts

1Magnitude International reported a net loss of S$1.51 million for the six months ended October 31, 2025.

2The company's revenue decreased by approximately 4.5% year-on-year to S$7.0 million.

Magnitude International Ltd reported a net loss of S$1.51 million for the six months ended October 31, 2025, swinging from a profit in the previous year. The company's revenue decreased by approximately 4.5% year-on-year to S$7.0 million during this period. This downturn is primarily attributed to reduced project activity and mounting margin pressures within Singapore's mechanical and electrical contracting sector. Increased operational costs further weighed on the bottom line, exacerbating the financial decline. These results highlight the ongoing challenges faced by small-cap contracting firms amid localized market fluctuations. Investors are now closely monitoring the company's ability to improve cost efficiency and secure new contracts in the coming months.