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ZICO Holdings Inc. Issues Profit Warning for FY2024

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ZICO Holdings Inc. Issues Profit Warning for FY2024

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ZICO Holdings Inc. ( (SG:40W) ) has shared an announcement.

ZICO Holdings Inc. has issued a profit warning for the financial year ending December 31, 2024, anticipating a significant net loss. This expectation stems from reduced corporate finance and consultancy activities due to weaker market conditions and the impairment of certain trade receivables, signaling potential challenges ahead for stakeholders.

More about ZICO Holdings Inc.

ZICO Holdings Inc., incorporated in Labuan, Malaysia, operates within the corporate finance, consultancy, and asset management sectors, focusing on providing financial services to a diversified market.

YTD Price Performance: 2.13%

Average Trading Volume: 55,980

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$19.67M

Find detailed analytics on 40W stock on TipRanks’ Stock Analysis page.

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