HS Optimus (SGX:504) is expecting to book a net loss for the fiscal first half ended Sept. 30, according to a Monday filing with the Singapore Exchange.
Shares of the company were down over 33% in Tuesday trading.
The company has attributed the expected loss to geopolitical and macro-economic headwinds and higher finance costs from a loan obtained by a subsidiary.
The company will release its financial results on or before Nov. 14.
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