Based on its preliminary review, the company says it expects to incur a wider net loss for FY2020 compared to 1HFY2020.
Chip Eng Seng has guided that it will report a net loss for FY2020 ended Dec 31, 2020, compared to the net profit of some $32.6 million for the FY2019 ended Dec 31, 2019.
The company, on Aug 3, 2020, announced a net loss of $25.7 million for the 1HFY2020 ended June 30, 2020.
