KHOON GROUP Issues Profit Warning, Anticipates Net Loss Attributable to Shareholders Not Exceeding S$23 Million for Second Half of 2025

Stock News

02/13

KHOON GROUP (00924) announced that it expects to record a net loss attributable to company owners not exceeding approximately S$23 million for the six months ending December 31, 2025. This compares to a net profit attributable to company owners of about S$0.2 million achieved in the corresponding period of 2024. Based on currently available information, the anticipated net loss is primarily attributed to an increase in impairment losses on contract assets.

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This compares to a net profit attributable to company owners of about S$0.2 million achieved in the corresponding period of 2024. 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