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05 May 2025
Lion Asiapac Limited Issues Profit Warning: Q3 and 9M FY2025 Losses Expected Due to Operational Headwinds
Summary:
- Lion Asiapac Limited anticipates reporting a loss for both the third quarter and the nine-month period ending March 31, 2025.
- The expected losses are primarily attributed to a decrease in orders within the trading business segment.
- Increasing production expenses specifically within the Lime business are also cited as a contributing factor to the anticipated losses.
- The company is currently in the process of finalizing its unaudited financial results for the specified periods and will release full details upon completion.