Global Invacom expects 2H FY2025 net profit but forecasts FY2025 net loss

Reuters
Feb 20
<a href="https://laohu8.com/S/QS9.SI">Global Invacom</a> expects 2H FY2025 net profit but forecasts FY2025 net loss

Global Invacom Group Limited expects to post a net profit for 2H FY2025, reversing a net loss in 1H FY2025, driven by stronger revenue, accelerated delivery of a major XRJ contract, improved gross margins, tighter administrative cost control and a positive tax credit. Despite the second-half turnaround, the group expects to remain in a net loss position for FY2025.

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