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An announcement from Khoon Group Limited ( (HK:0924) ) is now available.
Khoon Group Limited has issued a profit warning, indicating a significant expected net loss of up to S$2.5 million for the year ended 30 June 2025, compared to a minor loss in the previous year. This anticipated increase in net loss is primarily due to the recognition of loss allowance for expected credit losses on trade receivables and contract assets, as well as rising staff costs. The announcement advises shareholders and potential investors to exercise caution when dealing with the company’s securities.
More about Khoon Group Limited
Average Trading Volume: 368,800
Technical Sentiment Signal: Sell
Current Market Cap: HK$315M
For a thorough assessment of 0924 stock, go to TipRanks’ Stock Analysis page.