Dasmond Koh's NoonTalk media loses S$1.6 million in H1 2026, attributes it to start-up costs of new project

NoonTalk Media, a Chinese artiste management and entertainment company helmed by former DJ Dasmond Koh, has posted a net loss of S$1.6 million for the first half of its Financial Year (FY) 2026, which ended on Dec. 31, 2025.

NoonTalk Media's website published its unaudited condensed interim financial statements for 1H FY2026 on Feb. 12, 2026.

This was almost double the S$878,316 loss from the same H1 period the previous year.

The company was founded by Koh in 2011 and has eight local and six Thai artistes on its roster.

Local artistes managed by NoonTalk include Xu Bin, Zong Zijie and Kimberly Chia.

Revenue fell 28.7%

According to The Business Times, the company's current assets measure S$2.2 million, but current liabilities total S$2.8 million.

NoonTalk Media said that its management remains committed to cost savings efforts even as it continues its push to improve its revenue streams and profitability.

H1 refers to the first half of a business's fiscal year, and in NoonTalk's case, the H1 period for FY2026 was Jul. 1, 2025, to Dec. 31, 2025.

NoonTalk's revenue dropped to S$2.1 million from S$3 million, a 28.7 per cent dive as compared to the previous corresponding half-year period, reported BT.

Their six-month cost of sales in H1 was nearly S$3 million, a 5.7 per cent increase from the previous year's S$2.8 million.

Losses attributed to launch of Golden Singa Awards

NoonTalk's consolidated gross loss was S$810,000 for the H1 FY2026 as compared to H1 FY2025, which made a gross profit of S$217,000.

The report said this was primarily a result of start-up costs from a new project within the management and events business segment.

The company is organised into two main business segments: the production segment and the management and events segment.

This new project was the launch of the inaugural Golden Singa Award, an initiative aimed at "long-term brand building" and

"audience engagement".

The award aims to bring together artistes from the Chinese film and media landscape and caused a S$1.41 million, or 271 per cent cost of sales increase.

NoonTalk noted that its directors have faith in their judgments as they have "implemented measures to tighten control over expenses and to better manage the company's working capital".

"The directors believe that the Company has sufficient working capital and financial resources to enable the Company to meet its liabilities as and when they fall due and continue as a going concern."

Top photo from Dasmond Koh/Instagram and NoonTalk Media/Facebook