Soup Holdings Forecasts Narrower Loss for FY2025

Reuters
Feb 16
Soup Holdings Forecasts Narrower Loss for FY2025

Soup Holdings Limited announced that it expects to report a loss for the financial year ending 31 December 2025, although the loss will be lower than that recorded in the previous year. The expected loss is mainly attributed to the underperformance of one outlet and a central kitchen, impairment losses related to three business units, and a decline in revenue from the food processing, distribution, and procurement services segment following the expiration of ready meal supply contracts.

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