United Food Holdings warns of Q1 net loss due to lower income
Add BT as a preferred sourceMAINBOARD-LISTED United Food Holdings on Monday warned that it expects a loss for its financial first quarter ended June 30, 2019, based on a preliminary review of its unaudited financial results.
United Food said the net loss for the quarter was primarily due to lower income from both its trading segment and its animal pre-mixed segment.
Further details of the group's financial performance will be disclosed in its results announcement for Q1, to be made no later than Aug 14.
United Food shares last closed unchanged at 10 Singapore cents last Thursday.
Share with us your feedback on BT's products and services
TRENDING NOW
Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects
E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement
With AI, it’s not about coding better; workers need to think better: Koh Boon Hwee
Frasers Property launches Dunearn House condo with prices from S$2,799 psf
