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Baker Technology Expects to Narrow H1 Loss

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Baker Technology (SGX:BTP) expects to report a narrower net loss after tax for the first half of 2026, compared with the year-ago period, according to a filing with the Singapore Exchange on Wednesday.

The specialized marine offshore equipment provider attributed the forecast mainly to lower contribution from its marine offshore segment, which was affected by the off-hire of liftboat Blue Titanium and lower vessel utilization across the CH Offshore fleet.

The company will release financial figures on or before Aug. 14.

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