Back 01 Aug 2025

G.H.Y Culture & Media Issues Profit Warning for 1H 2025 Due to Foreign Exchange Losses

Link: https://links.sgx.com/1.0.0/corporate-announcements/0AQ2H33OSG53O6SI/ddb1ced3ea59d348c061372d9e6fa58a7ac96a3591ebe3a3df4f57266bc6047d

Summary:

  • The Group expects to report a loss after tax for the six months ended 30 June 2025.

  • The loss is mainly driven by unrealised foreign exchange losses resulting from the appreciation of the Singapore Dollar against the Chinese Renminbi (impacting intercompany balances in PRC entities) and the US Dollar (impacting USD-denominated bank deposits).

  • Detailed financial results for 1H2025 will be released at a later date as preparation and finalization are ongoing.

  • Shareholders and investors are advised to exercise caution when dealing in the company's shares.

  1. https://links.sgx.com/FileOpen/Announcement%20-%20Profit%20Guidance%20for%201H2025%20.ashx?App=Announcement&FileID=854104