Tai Sin Electric warns of profit hit as copper spike triggers provisions
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Tai Sin Electric warns of a significant decline in net profit for the half year ending 31 Dec. 2025 due to a spike in copper prices, which necessitated additional provisions for fixed-price contracts that were unfinished. The company is finalizing its unaudited management accounts for 1HFY2026 and will provide more details on its financial performance before 14 Feb. Shareholders and potential investors are advised to exercise caution in trading its shares until the full results are released.
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