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The latest update is out from ZICO Holdings Inc. ( (SG:40W) ).
ZICO Holdings Inc. has guided that it expects to report a net profit for the financial year ended 31 December 2025, reversing a net loss recorded in 2024. The improvement is primarily driven by a gain on disposal arising from the completed sale of entities and subsidiaries related to its corporate secretarial business.
This disposal aligns with the group’s strategy to exit the corporate services segment and concentrate on its regulated wealth management, trust and capital markets businesses. The company will release its full unaudited FY2025 financial results by 1 March 2026 and has urged shareholders and investors to exercise caution when trading its shares until detailed figures are available.
More about ZICO Holdings Inc.
ZICO Holdings Inc., incorporated in Labuan, Malaysia and based in Singapore, operates as a diversified professional services group. The company focuses its resources on regulated businesses in wealth management, trust and capital markets, having decided to exit the corporate services sector, including its corporate secretarial operations.
Average Trading Volume: 706,274
Technical Sentiment Signal: Buy
Current Market Cap: S$29.56M
See more insights into 40W stock on TipRanks’ Stock Analysis page.