The Straits Trading (SGX:S20) expects to post a net attributable loss for 2025, compared with a net attributable profit a year earlier, according to a Thursday filing with the Singapore Exchange.
Shares of the financial and property services company were down nearly 5% in Friday trading.
The company has attributed this to weaker market sentiments, loss of control over an investment and redemption event of bonds.
The company will release its financials on or around Feb. 27.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.