KINERGY (03302) Anticipates Annual Net Loss of Approximately S$6.6 Million
Stock News
Yesterday
KINERGY (03302) announced that the group expects to report revenue of approximately S$106 million and a net loss of about S$6.6 million for the fiscal year ending December 31, 2025. This compares to revenue of roughly S$99 million and a net loss of S$3.6 million for the previous fiscal year ended December 31, 2024. Despite the increased net loss, the group achieved a growth in gross profit, which rose to S$8 million for the 2025 fiscal year from S$6.3 million in the prior year. The rise in net loss is primarily attributed to the recognition of a one-time book gain of approximately S$8.1 million in the fiscal year ended December 31, 2024.
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