Troubled flooring firm Jason Holdings posts S$13.8m loss for 2015
Events announced since Dec 31, 2015 expected to have adverse impact on group
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TROUBLED timber flooring specialist Jason Holdings, which is dealing with corporate governance and debt repayment issues, has released its unaudited full-year and adjusted half-year results for 2015. The firm registered a S$13.8 million net loss for the full year compared to a S$215,000 net profit in its restated 2014 results.
In its results commentary, Jason Holdings said adverse events it has announced since Dec 31, 2015 are expected to have a material and adverse impact on the group.
