Annica Holdings Provides Business Updates Following Q1 Results; Shares Down 6%

Like
Comment
Favorite

Annica Holdings Provides Business Updates Following Q1 Results; Shares Down 6%

MT Newswires05-21 12:03

Annica Holdings (SGX:JFQ) issued updates on its business operations after reporting its first-quarter results.

The company completed the disposal of a 60% stake in Panah Jaya Makmur for SG$488,000 as part of its strategy to improve capital efficiency, according to a Wednesday filing with the Singapore Exchange.

Shares of the energy group were down nearly 6% in Thursday trading.

Commenting on its first-quarter results, the company said that the lower revenue was primarily due to the timing of revenue recognition, as some projects are still ongoing, adding that the lower revenue does not reflect any material deterioration in its activities or customer demand.

Meanwhile, Annica has secured an order book of SG$5.2 million, which will have an impact on its financials for 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

No comments yet

Most Discussed

7x24

All

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2637066108?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-21 12:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2637066108","market":"hk","top_or_hot":-1,"title":"Annica Holdings Provides Business Updates Following Q1 Results; Shares Down 6%","media":"MT Newswires","content":"<html><body><p> Annica Holdings (SGX:JFQ) issued updates on its business operations after reporting its first-quarter results.</p><p>The company completed the disposal of a 60% stake in Panah Jaya Makmur for SG$488,000 as part of its strategy to improve capital efficiency, according to a Wednesday filing with the <a href=\"https://laohu8.com/S/S68.SI\">Singapore Exchange</a>.</p><p>Shares of the energy group were down nearly 6% in Thursday trading.</p><p>Commenting on its first-quarter results, the company said that the lower revenue was primarily due to the timing of revenue recognition, as some projects are still ongoing, adding that the lower revenue does not reflect any material deterioration in its activities or customer demand.</p><p>Meanwhile, Annica has secured an order book of SG$5.2 million, which will have an impact on its financials for 2026.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Annica Holdings Provides Business Updates Following Q1 Results; Shares Down 6%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAnnica Holdings Provides Business Updates Following Q1 Results; Shares Down 6%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1060499803\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires </p>\n<p class=\"h-time\">2026-05-21 12:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Annica Holdings (SGX:JFQ) issued updates on its business operations after reporting its first-quarter results.</p><p>The company completed the disposal of a 60% stake in Panah Jaya Makmur for SG$488,000 as part of its strategy to improve capital efficiency, according to a Wednesday filing with the <a href=\"https://laohu8.com/S/S68.SI\">Singapore Exchange</a>.</p><p>Shares of the energy group were down nearly 6% in Thursday trading.</p><p>Commenting on its first-quarter results, the company said that the lower revenue was primarily due to the timing of revenue recognition, as some projects are still ongoing, adding that the lower revenue does not reflect any material deterioration in its activities or customer demand.</p><p>Meanwhile, Annica has secured an order book of SG$5.2 million, which will have an impact on its financials for 2026.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"JFQ.SI","symbol_name":"安尼卡","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2637066108","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2637066108","pubTimestamp":1779336239,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1060499803","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Annica Holdings  issued updates on its business operations after reporting its first-quarter results.The company completed the disposal of a 60% stake in Panah Jaya Makmur for SG$488,000 as part of its strategy to improve capital efficiency, according to a Wednesday filing with the Singapore Exchange.Shares of the energy group were down nearly 6% in Thursday trading.Commenting on its first-quarter results, the company said that the lower revenue was primarily due to the timing of revenue recognition, as some projects are still ongoing, adding that the lower revenue does not reflect any material deterioration in its activities or customer demand.Meanwhile, Annica has secured an order book of SG$5.2 million, which will have an impact on its financials for 2026.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"JFQ.SI":"安尼卡","BK6088":"石油天然气设备与服务"},"translate_title":"Annica Holdings在第一季度业绩公布后提供业务更新；股价下跌6%","themeId":"b010cf239ffd4765bcd3edd8f767f746","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JFQ.SI":0.9},"content_text":"Annica Holdings (SGX:JFQ) issued updates on its business operations after reporting its first-quarter results.The company completed the disposal of a 60% stake in Panah Jaya Makmur for SG$488,000 as part of its strategy to improve capital efficiency, according to a Wednesday filing with the Singapore Exchange.Shares of the energy group were down nearly 6% in Thursday trading.Commenting on its first-quarter results, the company said that the lower revenue was primarily due to the timing of revenue recognition, as some projects are still ongoing, adding that the lower revenue does not reflect any material deterioration in its activities or customer demand.Meanwhile, Annica has secured an order book of SG$5.2 million, which will have an impact on its financials for 2026.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}