SUBSCRIBERS

When should companies issue profit warnings?

A firm should release a profit warning if it has material information which is likely to have a material effect on the price or value of its securities, or which may create a false market.

Published Sun, Nov 10, 2019 · 09:50 PM

A profit warning is a declaration issued by a listed company to investors through a stock exchange, advising shareholders and the public that the company's earnings results will likely not meet expectations.

A company generally issues a profit warning prior to the public announcement of its official earnings results.

Disclosure-based regime

From around 2002, Singapore regulators made a shift towards a disclosure-based regime to ensure investors have accurate and timely information.

Previously regulator…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes