Earnings ·
GrowHub reports S$619K H1 revenue, S$504K net loss; proposes merger with EnChem America
TGHLGrowHub Ltd
The GrowHub Limited reported unaudited results for the six months ended June 30, 2026, showing revenue of S$619,397 (US$478,608), an increase of 878% from the prior year period. The company posted a net loss of S$503,784 (US$389,271), narrowing significantly from the S$1.8 million loss in the same period last year due to strategic realignment and cost reductions. Cash on hand stood at S$16,844, with total current liabilities exceeding assets by S$3.5 million, raising substantial doubt about its ability to continue as a going concern. The filing also disclosed a proposed share-exchange business combination with EnChem America, Inc., which remains non-binding and subject to completion conditions.