ASTI Holdings Limited (SG:575) has released an update.
ASTI Holdings Limited has issued a profit warning, anticipating a net loss for the fiscal year ended December 2023, with unaudited revenue of S$9.4 million for Q1 2024 marred by a challenging business environment. The Group’s financial results are pending audit, which is crucial for finalizing discussions with potential offerors, with the appointment of auditors to be decided at an Extraordinary General Meeting on May 15, 2024.
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