Tat Hong Holdings warns of 'weak performance' in its upcoming Q3 results
MAINBOARD-LISTED crane supplier Tat Hong Holdings warned that the group is expecting to report a weak performance for its third quarter ended Dec 31, based on the preliminary review of its consolidated results.
This is primarily due to poor performance from its equipment distribution business in the Asean region and unrealised foreign exchange losses.
More details will be disclosed in the group's unaudited financial statements for 3Q FY2018 which will be released by Feb 13.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Volkswagen workers vote decisively to unionise in Tennessee
Sony deal for Paramount would draw added regulatory scrutiny
Bitcoin 'halving' has taken place: CoinGecko
Lululemon to shutter Washington distribution center, lay off 128 employees
Wall Street bonus rules return to regulatory agenda in third try
Honda to invest US$808 million in Brazil by 2030