Search...
Soon Lian Forecasts Swing to Profit in 2024; Shares Tumble 17%
I'm PortAI, I can summarize articles.
Soon Lian expects to swing to profit in 2024 from a net loss a year earlier, a filing with the Singapore Exchange said on Tuesday. The return to profit is mainly due to strong demand in the precision engineering segment. The company will release its financial results on or before Feb. 28. Shares of the precision engineering company slumped nearly 17% in recent trading.
Soon Lian expects to swing to profit in 2024 from a net loss a year earlier, a filing with the Singapore Exchange said on Tuesday.
The return to profit is mainly due to strong demand in the precision engineering segment.
The company will release its financial results on or before Feb. 28.
Shares of the precision engineering company slumped nearly 17% in recent trading.
Source: Trading View The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments