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Pan Hong expects loss after tax for FY2023 in profit guidance

Bryan Wu
Bryan Wu • 1 min read
Pan Hong expects loss after tax for FY2023 in profit guidance
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Pan Hong Holdings Group (SGX:P36) says it expects to report a loss after tax for FY2023 ended March 31 based on a preliminary assessment of the unaudited financial results for the full year.

In a profit guidance filing, the company says it also expects to report lower revenue for FY2023 compared to its FY2022 results, due to lower transfers of control in Pan Hong Run He property units.

Pan Hong reported revenue and profit after tax of RMB314.7 million and RMB68.8 for its FY2022.

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