Serial Achieva Flags Net Loss for 2024 Amid Weak Consumer Demand, Accounting Loss

MT Newswires

02/10

Serial Achieva (SGX:S69) expects to book a net loss for the year ended Dec. 31, 2024, according to a filing with the Singapore Exchange on Friday.

The company has attributed this to one-off accounting loss on reverse acquisition and acquisition-related costs following the completion of a reverse takeover and weak consumer demand.

The company will release its financial results on or before Feb. 28, the filing added.

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