KHOON GROUP (00924) announced that it expects to record a net loss attributable to company owners not exceeding approximately S$23 million for the six months ending December 31, 2025. This compares to a net profit attributable to company owners of about S$0.2 million achieved in the corresponding period of 2024. Based on currently available information, the anticipated net loss is primarily attributed to an increase in impairment losses on contract assets.
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