Back 19 May 2025

UnUsUaL Limited Faces Headwinds: Forecasts Net Loss for FY2025 Amidst Surging Operational Costs and Market Competition

Link: https://links.sgx.com/1.0.0/corporate-announcements/6HYLFP4TGVFFT0T8/cd7701c8068d7835b6a70e689bf88cc11ef6f9fae0db778f0e4edd858ab29fd7

Summary:

  • UnUsUaL Limited announced on May 19, 2025, that it anticipates reporting a net loss for the full financial year ended March 31, 2025 (FY2025).
  • This forecast marks a significant change from the net profit recorded in the corresponding period of FY2024.
  • The expected loss is primarily attributed to increased market competition and a substantial rise in operational costs, including manpower expenses, professional fees, and labor costs, influenced by inflationary pressures.
  • The company is in the process of finalizing its unaudited financial results for FY2025, with a more detailed disclosure expected around May 29, 2025.