Tat Hong Holdings warns of 'weak performance' in its upcoming Q3 results
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore