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.
Share with us your feedback on BT's products and services
TRENDING NOW
Singapore banks’ battle for wealth talent goes beyond private bankers
Flight to safety: New citizens and PRs drive Singapore luxury home sales as broader market cools
5 reasons why analysts are still upbeat on S-Reits despite interest rate pressure
Malaysia’s data centre pipeline beats its neighbours, but Singapore will retain premium status: JPMorgan