SUBSCRIBERS
United Food, CDW issue profit warnings
Published Mon, Aug 12, 2019 · 09:50 PM
Singapore
MAINBOARD-LISTED United Food Holdings and CDW Holding separately issued profit warnings on Monday.
United Food Holdings expects a loss for its financial first quarter ended June 30, 2019, based on a preliminary review of its unaudited financial results. It said the net loss for the quarter was primarily due to lower income from both its trading segment and its animal pre-mixed segment.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
TikTok tells advertisers: ‘We are not backing down’
EV automakers get reprieve in US tax credit rules
Nomura, Mizuho face losses on All Blue fund’s failed trades
Stablecoin Tether steps up monitoring in bid to combat illicit finance
HSBC asked by US$890 billion investor group to set energy goal
BHP’s biggest rivals sit on the sidelines of Anglo M&A drama