KLW warns of Q2 net loss as sales, margins shrank in door business

Doormaker KLW Holdings expects to report a net loss for its second fiscal quarter ended Sept 30 due to a decline in revenue and profit margins in its core business.

In an announcement on Friday before the market opened, the company said that it is still finalising its results, and expects to report its financial performance on or before Nov 14.

KLW's shares closed flat at 0.8 Singapore cent on Thursday.