WMCH GLOBAL (08208) issues profit warning, expecting annual net loss after tax not exceeding approximately 300,000 Singapore dollars, turning from profit to loss year-on-year.
WMCH GLOBAL (08208) announced that the group is expected to incur a loss of approximately 300,000 Singapore dollars after tax, while for the fiscal year ending on December 31, 2024, a net profit of approximately 350,000 Singapore dollars is expected. This decrease is mainly due to an increase in service costs of approximately 860,000 Singapore dollars for the 2025 financial year.
WMCH GLOBAL (08208) issued an announcement that the group is expected to record a net loss after tax of not more than approximately S$300,000, while a net profit after tax of approximately S$350,000 is expected for the year ending 31 December 2024. This decline is mainly due to an increase in service costs of approximately S$860,000 in the 2025 fiscal year.
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