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IFS Capital warns of Q3 loss due to loan losses, impairments

IFS Capital expects to report a net loss for its third quarter ending Sept 30 due to allowances for loan losses and impairments, the finance firm announced on Tuesday after the market closed.

Further details will be disclosed when the company reports its results on or around Nov 11.

IFS Capital shares closed at 21 Singapore cents on Tuesday.

sentifi.com

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