Karin Technology (SGX:K29) is expecting to book a net loss for the first fiscal half ended Dec. 31, 2025, compared with a net profit a year earlier, according to a Friday filing with the Singapore Exchange.
The net loss is due to a reassessment of the classification of the company's asset, Karin Building, back to 'property, plant and equipment', from an asset held for sale.
The information technology and components solutions distributor and services provider will release its financial results on Feb. 13, the filing said.
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