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Asiaphos expects net profit for 3QFY2024 in profit guidance

Ashley Lo
Ashley Lo • 1 min read
Asiaphos expects net profit for 3QFY2024 in profit guidance
The group says it is currently in the process of finalising its results, which is expected to be released on or before Nov 14. Photo: The Edge Singapore
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Asiaphos announced its profit guidance for its 3QFY2024 ended Sept 30 results. 

The group says that it expects to report a net profit for 3QFY2024 and 9MFY2024 as compared to the same period in 2023. 

According to the group, the net profit is attributable to a gain on disposal of subsidiaries in 3QFY2024, lower selling and distribution costs in 3QFY2024 in 9MFY2024 following reduced sale activities of phosphate chemical products. 

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