You are here

AGV Group warns of full-year loss

AGV Group, which makes galvanised steel and repairs corroded metals, on Friday warned that the group is expected to make a full-year loss for the 12 months ended Sept 30, 2018. 

This is due primarily to the substantial increase in the cost of raw materials and a reduction in tonnage of services achieved.

The group is expected to release its results by Nov 30, 2018.

Shares of AGV Group last traded at S$0.015.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to