KINERGY (03302) is expected to have a net loss of approximately 6.6 million Singapore dollars for the fiscal year.

KINERGY (03302) announced that it is expected to generate revenue of approximately 106 million Singapore dollars and a net loss of about 6.6 million Singapore dollars for the financial year ending December 31, 2025. For the financial year ending December 31, 2024, the company generated revenue of about 99 million Singapore dollars and a net loss of about 3.6 million Singapore dollars. Despite the increase in net loss, the company expects a gross profit growth of 8 million Singapore dollars for the financial year ending December 31, 2025, compared to 6.3 million Singapore dollars last year. The increase in net loss is mainly attributed to the recognition of one-time accounting income of about 8.1 million Singapore dollars for the financial year ending December 31, 2024.