RAFFLESINTERIOR (01376) Expects Interim After-Tax Profit of No More Than S$3.5 Million
Stock News
Aug 26
RAFFLESINTERIOR (01376) announced that the group expects to achieve after-tax profit of no more than S$3.5 million for the six months ending June 30, 2025, compared to net profit of approximately S$100,000 for the six months ending June 30, 2024. The group anticipates the increase in net profit will be primarily attributed to higher revenue leading to improved gross profit, fair value gains from the remeasurement of convertible bonds as of June 30, 2025, and the absence of losses from discontinued operations during the current interim period.
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