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9R Limited Posts Stable Revenue but Swings to Quarterly Loss on Higher Costs

Story Highlights
  • 9R Limited delivered slightly higher third-quarter revenue, driven by lifestyle retail, RedPay Visa Card and stable karaoke operations despite a weak supply chain segment.
  • Profitability deteriorated as increased marketing for RedBox’s anniversary and one-off closure costs for the NU Empire outlet pushed the Group into a quarterly loss.
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9R Limited Posts Stable Revenue but Swings to Quarterly Loss on Higher Costs

Meet Samuel – Your Personal Investing Prophet

9R Limited ( (SG:1Y1) ) has issued an announcement.

9R Limited reported third-quarter 2026 revenue of S$3.6 million, up slightly from a year earlier as lifestyle retail sales and contributions from the RedPay Visa Card offset generally stable karaoke revenue and a still-subdued supply chain segment. Karaoke performance was steady across most outlets, though operations at the NU Empire Mall outlet in Selangor, Malaysia, were terminated at the end of December 2025, contributing to changes in the Group’s cost structure.

Overall gross profit remained stable in line with revenue, but the Group swung to a quarterly loss as higher marketing and administrative expenses weighed on earnings. Increased spending on RedBox’s 25th anniversary promotions and one-off demolition and reinstatement costs tied to the NU Empire closure drove operating costs higher, suggesting a near-term margin squeeze even as management positions the business for longer-term brand and revenue gains.

More about 9R Limited

9R Limited is a Singapore-incorporated company operating a diversified portfolio that includes lifestyle retail, karaoke entertainment and a supply chain business segment. The Group also offers the RedPay Visa Card, which complements its consumer-focused offerings and supports ongoing customer engagement across its regional footprint.

Average Trading Volume: 194,253

Technical Sentiment Signal: Sell

Current Market Cap: S$44.53M

For an in-depth examination of 1Y1 stock, go to TipRanks’ Overview page.

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