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Versalink Holdings Ltd ( (SG:40N) ) has shared an announcement.
Versalink Holdings Limited reported a reduced net loss of RM2.63 million for FY2025 compared to RM7.08 million in FY2024, highlighting ongoing structural cost challenges with gross profit remaining lower than administrative expenses. The company’s accumulated losses have reached RM18.2 million, significantly impacting its share capital, prompting the management to focus on immediate priorities and key initiatives to restore profitability.
More about Versalink Holdings Ltd
Versalink Holdings Limited, incorporated in Singapore, operates in the office furniture industry. The company, along with its subsidiaries, focuses on providing office furniture solutions and has been navigating financial challenges as indicated by recent reports.
Average Trading Volume: 43,766
Technical Sentiment Signal: Sell
Current Market Cap: S$3.38M
For detailed information about 40N stock, go to TipRanks’ Stock Analysis page.