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Ellipsiz expects 1HFY2024 loss in profit guidance

Bryan Wu
Bryan Wu • 1 min read
Ellipsiz expects 1HFY2024 loss in profit guidance
Lower performances of its distribution and services, as well automated precision system segments contributed to the loss.
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Ellipsiz BIX

has announced that it expects to record a loss for its 1HFY2024 ended Dec 31, 2023 in a profit guidance filing on Jan 30.

The company said the expected loss is mainly attributable to lower performances of its distribution and services solutions and automated precision system solutions segments, as well as an impairment loss from a subsidiary. 

Ellipsiz will provide further details of its performance when it announces its unaudited results for 1HFY2021 on or around Feb 7.

Shares in Ellipsiz closed2 cents higher or 10% up at 22 cents on Jan 30.

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