KHOON GROUP (00924) issues a profit warning, expecting that the net loss attributable to shareholders in the second half of 2025 will not exceed approximately 23 million Singapore dollars, turning from a profit to a loss year-on-year.

date
16:41 13/02/2026
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GMT Eight
Kun Group (00924) announced that it expects to incur a net loss attributable to owners of the company of approximately 23 million Singapore dollars for the six months ending December 31, 2025, while it recorded a net profit of around 200,000 Singapore dollars for the same period in 2024. Based on current available information, the expected net loss attributable to owners of the company is primarily due to an increase in impairment losses on contract assets.
KHOON GROUP (00924) announced that it is expected to incur a net loss attributable to owners of the company of approximately $23 million Singapore dollars for the six months ending December 31, 2025, compared to a net profit of approximately $200,000 Singapore dollars for the same period in 2024. The expected increase in net loss is mainly due to an increase in impairment losses on contract assets.