REPUBLIC HC (08357) has released its financial results for the six months ended June 30, 2026. Revenue came in at S$4.151 million, marking an 11.2% increase year-on-year, while the net loss widened by 26.8% to S$1.5768 million. The basic loss per share stood at 0.25 Singapore cents.
Despite improvements in revenue and gross profit, the company's net loss increased. This was primarily driven by higher employee costs from the expansion of operations in China, along with increased depreciation and lease-related finance costs following the commencement of new leases and operational facilities. These increases were partially offset by a reduction in other operating expenses and a rise in other income.