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Phoenix Asia swings to FY26 net loss of USD 1.2 million; revenue falls 2.2% to USD 7.21 million
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Phoenix Asia swings to FY26 net loss of USD 1.2 million; revenue falls 2.2% to USD 7.21 million
  • Phoenix Asia posted a net loss of USD 1.2 million, swinging from profit a year earlier.
  • Revenue slipped 2.2% to USD 7.21 million, as revenue-contributing projects fell to 13 from 27.
  • Operating loss widened to USD 1.21 million, as cost of revenue rose 32.4% to USD 6.88 million.
  • Gross profit dropped 84.8% to USD 329,656, with gross margin down 24.9 percentage points to 4.6%.
  • Backlog climbed to USD 7.48 million, while cash at banks fell to USD 892,525 from USD 2.38 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Phoenix Asia Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-038397), on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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