LEGION CONSO(02129) issues positive profit prediction, expecting a mid-term profit attributable to shareholders of approximately 700,000 Singapore dollars, turning losses into profits compared to the same period last year.

LEGION CONSO (02129) announced that it expects to achieve a profit attributable to owners of the company of about 700,000 Singapore dollars for the six months ending June 30, 2026 (the current period), compared to a loss attributable to owners of the company of about 1.56 million Singapore dollars for the six months ending June 30, 2025 (the previous period). The anticipated turnaround to profitability is mainly due to (i) an increase in customer demand for truck transport services and freight forwarding services during the current period, driving revenue growth; and (ii) a decrease in professional fees, resulting from a decline in consulting and advisory costs compared to the previous period.