AGV Group warns of full-year loss

Published Fri, Nov 23, 2018 · 02:03 PM

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.

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Companies & Markets

Companies & Markets

AGV Group warns of full-year loss

Companies & Markets

GE Aerospace raises earnings goal on strong engine sales

BRC Asia to buy 19.9% of steel reinforcement company for S$16 million

Lockheed Martin reports higher sales on strong defence demand

UOI reports 67% surge in Q1 profit before tax to S$8 million, driven by favourable market conditions

Euro at highest to yen since 2008, markets nervy over Tokyo stepping in

Apac Realty enters the Philippines with franchise agreement

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