Baker Technology Expects to Narrow H1 Loss
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.