Dezign Format (SGX:UZF) is expecting to book a lower net profit in 2025, compared to a year earlier, according to a Wednesday filing with the Singapore Exchange.
Shares of the spatial design and build specialist plunged nearly 9% in Thursday trading.
The lower net profit is mainly due to strategic expenditure to accelerate growth and inflationary pressures, the filing said.
The company will release its earnings on or before Feb. 26, the filing added.
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