Kwan Yong Holdings Ltd. Issues Positive Profit Alert, Expects Significant Increase in Net Profit for 2025

Reuters
Sep 15
<a href="https://laohu8.com/S/09998">Kwan Yong</a> Holdings Ltd. Issues Positive Profit Alert, Expects Significant Increase in Net Profit for 2025

Kwan Yong Holdings Ltd. has issued a positive profit alert, forecasting a significant increase in net profit for the fiscal year ended 30 June 2025. The company anticipates a net profit attributable to its owners of approximately SGD12.9 million, a substantial rise from the SGD1.6 million reported for the previous year. This announcement comes after a preliminary review of the unaudited consolidated management accounts and other relevant information. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares. The board, led by Chairman and Executive Director Kwan Mei Kam, emphasizes the importance of this financial guidance as part of their ongoing commitment to transparency and regulatory compliance.

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