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Jubilee Industries Holdings Ltd. ( (SG:NHD) ) just unveiled an announcement.
Jubilee Industries Holdings Ltd. has responded to questions from the Securities Investors Association (Singapore) regarding its financial results for the year ended 31 March 2025. The company reported a significant variance between its unaudited and audited financial statements, with a larger loss of $6.50 million in the audited results compared to the $3.56 million loss initially reported. This discrepancy was due to reclassifications and adjustments following the audit, including the disposal of its subsidiary, WE Total Engineering Sdn. Bhd., and subsequent reclassification of its revenue and costs to discontinued operations.
More about Jubilee Industries Holdings Ltd.
Jubilee Industries Holdings Ltd. is a company incorporated in Singapore, operating in the manufacturing and engineering industry. It focuses on providing a range of services and products, including precision plastic injection molding and engineering solutions, targeting various market segments.
Average Trading Volume: 896,668
Technical Sentiment Signal: Strong Sell
Current Market Cap: S$6.92M
Learn more about NHD stock on TipRanks’ Stock Analysis page.