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Acesian Partners Limited ( (SG:5FW) ) has issued an update.
Acesian Partners Limited has announced that it anticipates a decline in revenue and profit before tax for the fiscal year 2024 compared to 2023. This expected decrease in financial performance is primarily attributed to weak external market conditions, reduced gross profit margins, and the absence of gains from previous financial activities such as the deconsolidation of a subsidiary. Although the company is still finalizing its financial results, which are due by March 1, 2025, it advises shareholders and investors to exercise caution when dealing with its shares.
More about Acesian Partners Limited
YTD Price Performance: -2.63%
Average Trading Volume: 216,007
Technical Sentiment Consensus Rating: Hold
Current Market Cap: S$17.99M
For a thorough assessment of 5FW stock, go to TipRanks’ Stock Analysis page.
