ASL Marine issues profit warning for Q4, FY18

Published Wed, Aug 15, 2018 · 01:28 PM

ASL Marine Holdings expects to report a net loss for the fourth quarter and full year ended June 30, the marine firm said in a Singapore Exchange filing on Wednesday evening.

The expected loss is primarily due to weak contribution from the shipbuilding segment and impairment losses, it said.

Further details of the group's financial performance will be furnished when the company announces its FY2018 results on Aug 29.

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Companies & Markets

Companies & Markets

ASL Marine issues profit warning for Q4, FY18

Companies & Markets

Barclays says it’s winning Asia banking business from US firms

China central bank wants to halt bond-buying spree, not join it

Gold holds steady as investors focus on US Fed meeting

Singapore shares open in the red on Tuesday; STI down 0.3%

Huawei’s pivotal role in the US-China tech war, from 5G to chips

CDL Hospitality Trusts reports 6.8% higher Q1 net property income of S$34.9 million

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