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The latest update is out from Snack Empire Holdings Limited ( (HK:1843) ).
Snack Empire Holdings Limited has issued a profit warning, indicating an expected net loss of at least S$626,000 for the fiscal year ending March 31, 2025, compared to a net profit of approximately S$180,000 in the previous year. This anticipated loss is attributed to increased expenses related to the preparation of a central kitchen in Singapore, rising manpower costs, expenses from launching a new brand, and potential impairments of certain loss-making outlets. The final annual results are still being finalized and will be published by June 30, 2025.
More about Snack Empire Holdings Limited
Snack Empire Holdings Limited is a company incorporated in the Cayman Islands, operating in the food and beverage industry. The company, along with its subsidiaries, focuses on providing snack-related products and services, with a notable market presence in Singapore.
Average Trading Volume: 129,381
Technical Sentiment Signal: Sell
Current Market Cap: HK$94.4M
See more data about 1843 stock on TipRanks’ Stock Analysis page.