Grandshores Technology Group Ltd. Issues Profit Warning, Expects Loss of Up to S$2.0 Million for Fiscal Year Ending March 2025

Reuters
2025/06/06
Grandshores Technology Group Ltd. Issues Profit Warning, Expects Loss of Up to S$2.0 Million for Fiscal Year Ending March 2025

Grandshores Technology Group Limited has issued a profit warning, indicating an anticipated loss for the fiscal year ending March 31, 2025. Based on a preliminary review of unaudited financial information, the company expects to record a loss ranging from S$0.5 million to S$2.0 million, contrasting with a profit of approximately S$2.0 million for the previous year. This shift from profit to loss is attributed mainly to increased staff-related costs due to higher headcounts and salary increments, alongside a decrease in government grants received during the year. The company's annual results are yet to be finalized and remain subject to further review and adjustments. Shareholders and potential investors are advised to exercise caution when dealing in the company's shares and to review the forthcoming annual results announcement expected by the end of June 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Grandshores Technology Group Ltd. published the original content used to generate this news brief on June 06, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10