Valuetronics Forecasts 'Significant' Decline in Fiscal 2026 Net Profit; Shares Down 17%

MT Newswires

05/13

Valuetronics (SGX:BN2) expects to report a "significant" decrease in its net profit for the fiscal year ended March 31, according to a Tuesday filing with the Singapore Exchange.

Shares of the electronics manufacturing company slide nearly 17% in Wednesday trading.

The company has attributed this to the expected non-cash impairment provisions tied to its investment in and equipment leased to its joint venture Trio AI.

The company will release its financial results on or before May 28.

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