GUAN CHAO HLDGS (01872) issues a profit warning, expecting a consolidated after-tax loss of no less than approximately 11 million Singapore dollars for the interim period.
Guoan Holdings (01872) announced that the group expects to incur a consolidated after-tax loss of not less than approximately 11 million Singapore dollars during the six months ending June 30, 2026, a significant increase from the consolidated after-tax loss of approximately 1.9 million Singapore dollars for the same period in 2025. The anticipated increase in consolidated after-tax loss is primarily due to increases in sales and distribution expenses; general and administrative expenses; and fair value losses on financial assets measured at fair value through profit or loss, although this is partially offset by an increase in gross profit during 2026.
GUAN CHAO HLDGS (01872) announced that the group expects to incur a comprehensive post-tax loss of not less than approximately SGD 11 million for the six months ending June 30, 2026, a significant increase compared to the comprehensive post-tax loss of approximately SGD 1.9 million for the same period in 2025. The expected increase in comprehensive post-tax loss is mainly due to higher sales and distribution expenses; increased general and administrative expenses; and fair value losses on financial assets measured at fair value through profit or loss, although this is partially offset by an increase in gross profit during the 2026 period.
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