Global Invacom to Swing to Net Profit in H2 2025; Shares Jump 6%
MT Newswires
Yesterday
Global Invacom (SGX:QS9) expects to book a net profit in the second half, against a net loss a year earlier, according to a Friday filing with the Singapore Exchange.
Shares of the supplier of high-performance radio (RF), optical, and antenna products were up over 6% in Monday trading.
The company, however, is expected to remain in a net loss position in 2025.
The company attributed the good performance in H2 to stronger revenue performance and the accelerated delivery of a major contract on the XRJ product, along with effective cost control measures.
Global Invacom will release its financial results on or before March 1, the filing said.
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