SunMoon sinks to S$1.5 million loss in FY2025 despite higher revenue
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SunMoon Food Company reported a net loss of S$1.5 million for FY2025, a decline from a net profit of S$28,000 the previous year. The loss was attributed to lower gross margins from slow-moving inventory sales and a credit loss of S$591,000 on trade receivables. Despite this, revenue increased by 25% to S$33.8 million, driven by higher sales of fruits and aquatic foods. Loss per share was S$0.00168, compared to earnings per share of S$0.00003 last year. Shares rose 14.3% to S$0.016.
Source: Businesstimes The copyright of this article belongs to the original author/organization.
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