Astaka Braces for Net Loss in Q1

MT Newswires

05/06

Astaka (SGX:42S) expects to book a consolidated net loss for the first quarter of the year, according to a filing with the Singapore Exchange on Monday.

The company attributed this to lower sales from The Astaka @ One Bukit Senyum, which resulted in lower revenue.

The company is expected to release its financial figures on or before May 14.

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