Khoon Group Ltd. has announced that it expects to record a net loss attributable to owners of the Company of not more than approximately S$23 million for the six months ended 31 December 2025. This represents a significant downturn compared to a net profit of approximately S$0.2 million for the same period in 2024. The expected net loss has been mainly attributed to an increase in the impairment loss of contract assets. The company's interim results for the period are still being finalized.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Khoon Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260213-12024402), on February 13, 2026, and is solely responsible for the information contained therein.