Link: https://links.sgx.com/1.0.0/corporate-announcements/JZN0E4BXUSZOGIX0/d8df8bfb4d9a753f0fabc20b29d90cd80e7be1ba9a2b17bb0dd1c4c333813eaa

Summary:

• Ascent Bridge Limited (ABL) anticipates reporting a net loss for the financial year ended 31 March 2025 (FY2025).
• This expected loss is primarily a consequence of a significant decrease in the Group's revenue compared to the financial year ended 31 March 2024 (FY2024).
• The decline in revenue is largely due to reduced contributions from duty-paid markets such as Hong Kong, Macau, Cambodia, Korea, and Vietnam.
• Despite having established a presence in 17 countries and forged partnerships with 18 international airlines in duty-free channels, manpower and cash constraints impacted marketing and promotional activities, particularly affecting sales in duty-paid markets.

Please note that the provided document does not specify the outlook for the company.