FJ Benjamin Holdings widens net loss in FY 2025
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FJ Benjamin Holdings Limited reported a widened net loss of $16.6 million for FY 2025, compared to a loss of $6.1 million in FY 2024. Revenue fell by 22.9% to $60.5 million, driven by a 32.8% drop in Singapore and a 10.0% decline in Malaysia. The decrease was attributed to the closure of unprofitable stores and weak consumer sentiment, along with a $6 million drop in exports to Indonesia due to reduced purchasing needs.
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