Link: https://links.sgx.com/1.0.0/corporate-announcements/JJLTFD6TTE03NLX6/2c13c6c52f08270d1b5bcb6e136dbd7c33f793a9b88d7a537bfbe4b02c9b5ecf

Summary:

• HS Optimus Holdings Limited anticipates reporting a net loss for the full financial year ended 31 March 2025.
• A primary reason for the expected loss is lower revenue from the door business, attributed to macro-economic headwinds, geopolitical events, and heightened competition.
• Unrealized foreign exchange losses due to the weakness of the Australian Dollar against the Singapore Dollar are also a significant contributing factor.
• Other factors impacting the results include professional fees related to a property planning permit application and increased depreciation on investment property.
• This preliminary profit guidance precedes the release of the final unaudited financial results for FY2025, which is expected on or before 30 May 2025.