Back 05 May 2025

Lion Asiapac Limited Issues Profit Warning: Q3 and 9M FY2025 Losses Expected Due to Operational Headwinds

Link: https://links.sgx.com/1.0.0/corporate-announcements/HPADX3I65NZ8VA3R/abbcf8d90b4e95d13d0e2853a1baf6971c15dc79e93244d3cf184c6a08962339

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.