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05 Aug 2025
Vin’s Holdings Issues Profit Guidance: Expects Net Loss for 1H2025 Due to Lower Revenue and One-Off Expenses
Link: https://links.sgx.com/1.0.0/corporate-announcements/LDREGFQM8AQ1NI7S/10cd060ce0dbce5e9f827f255605e51d39c0d35ad5de8e9ce35def00bda2f22f
Summary:
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The Group expects a net loss for the six months ended 30 June 2025, compared to a profit in the same period last year.
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Main reasons include a decline in revenue and increased administrative expenses from one-off listing costs and higher staff costs.
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The unaudited 1H2025 results are being finalized and will be announced by 14 August 2025.
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Shareholders are advised to exercise caution when dealing in the Company's shares.
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Announcement made by the CEO, Khong Keng Leng, on 5 August 2025.