The company has advised that further details of its performance will be set out in its unaudited financial results for 1HFY2024.
Lion Asiapac (SGX:BAZ
) says it expects to report a loss for the 1HFY2024 ended Dec 31, 2023, based on a preliminary assessment of the unaudited financial results for the half year period.
In a profit guidance filing, the company says the loss is due to unrealised exchange losses arising from the depreciating Chinese RMB and Malaysian Ringgit.
