Santak to Trim Before-Tax Loss in Fiscal H1 Despite Lower Revenue
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Santak Holdings anticipates a reduced before-tax loss for the fiscal first half ending December 31, 2024, compared to the previous year. This improvement is attributed to a decrease in gross loss and lower selling, administrative, and finance costs. However, the company expects to report lower revenue than in the same period last year. Financial results are expected to be released before mid-February, as stated in a filing with the Singapore Exchange.
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