Earnings ·
Fitness Champs Holdings Limited reported unaudited financial results for the six months ended June 30, 2026
FCHLFitness Champs Holdings Ltd
Fitness Champs Holdings Limited reported unaudited financial results for the six months ended June 30, 2026. Revenues decreased 5.4% to S$2.05 million (US$1.58 million), driven by a 5.6% decline in swim fees due to lower enrollment levels. The company incurred a net loss of S$3.39 million (US$2.62 million) compared to a S$0.25 million loss in the prior-year period, primarily attributable to a S$2.18 million referral fee included in general and administrative expenses and increased marketing costs for its Dubai subsidiary operations commenced in January 2026. Gross profit margin contracted to 21.8% from 28.9%. The company raised approximately S$5.38 million through the issuance of share capital, which helped increase cash and cash equivalents to S$3.13 million by period-end. Fitness Champs Holdings Limited operates in the sports education industry, providing swimming lessons and related services.