China Shenshan Orchard Forecast Net Loss for 2024

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2025.02.19 06:40
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China Shenshan Orchard is expecting to book a net loss for the year ended Dec. 31, 2024, according to a filing with the Singapore Exchange on Tuesday. The company has attributed this to a decline in revenue due to low average selling price of kiwifruits and a significant decline in harvest volume. The producer of kiwifruit will publish its financial statements on or before March 1.

China Shenshan Orchard is expecting to book a net loss for the year ended Dec. 31, 2024, according to a filing with the Singapore Exchange on Tuesday.

The company has attributed this to a decline in revenue due to low average selling price of kiwifruits and a significant decline in harvest volume.

The producer of kiwifruit will publish its financial statements on or before March 1.