Memiontec forecasts net loss in H1
I'm PortAI, I can summarize articles.
Memiontec Holdings Ltd. anticipates a net loss in H1 2025, contrasting with a net profit in the same period last year. This decline is attributed to lower gross margins from ongoing projects in Singapore, primarily due to extended construction periods leading to increased manpower and finance costs. The projects are expected to conclude by 31 December 2025. The unaudited interim financial results for H1 2025 will be released by 14 August.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments