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Acesian Partners Forecasts Lower Mid-Year Profits

Acesian Partners Forecasts Lower Mid-Year Profits

Acesian Partners Limited (SG:5FW) has released an update.

Acesian Partners Limited anticipates reporting a decrease in revenue and profit after tax for the first half of 2024 compared to the previous year, citing challenging market conditions and lower gross profit margins as contributing factors. The company is finalizing its financial results, which will be disclosed by mid-August 2024, and advises shareholders and investors to consult professional advisers before trading its shares.

For further insights into SG:5FW stock, check out TipRanks’ Stock Analysis page.

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