Sevens Atelier warns of FY2025 net loss

Reuters
Feb 23
<a href="https://laohu8.com/S/5EW.SI">Sevens Atelier</a> warns of FY2025 net loss

Sevens Atelier Limited said it expects to post a net loss for FY2025, reversing from a net profit of about S$0.31 million in FY2024, based on a preliminary review of unaudited management accounts. The weaker outlook is attributed to reduced revenue from fewer successful project bids and near-completion of existing projects, as well as one-off non-cash goodwill impairment charges and impairment allowances on trade and other receivables.

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