This is due primarily to the provision of several onerous contracts under its info-communications technology services division and the write-off of non-billable revenue for certain projects in the Philippines under its network engineering services division.
The board of TeleChoice International Limited (SGX:T41
) has announced that it expects to report a net loss for the FY2023 ended Dec 31, 2023.
The company reported a net loss after tax of $4.3 million for the 1HFY2023 ended June 30, 2023, and is expected to report a further net loss for the 2HFY2023 and FY2023.
