Acesian Partners Expects Swing to Loss in H1; Shares Down 3%
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Acesian Partners expects to report a loss before tax for H1, contrasting with a profit from the previous year, as stated in a filing with the Singapore Exchange. The company's shares fell nearly 3% amid a forecast of a significant revenue decline, attributed to weak external market conditions stemming from trade tensions and tariff uncertainties. Financial results are set to be released by August 14.
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