Southern Archipelago Warns of Net Loss in H1

MT Newswires

08/07

Southern Archipelago (SGX:A33) is expecting to book a net loss for the first half of the year, according to a Thursday filing with the Singapore Exchange.

The company has attributed this to a one-off, non-accounting adjustment of about SG$830,000 stemming from the voluntary liquidation of a dormant wholly owned subsidiary.

The company will release its financial results by Aug. 14.

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