Trendzon Holdings Group (HKG:1865) expects a net loss of about SG$12.0 million for the year ended March 31, compared with a net loss of roughly SG$2.1 million in the previous year, according to a Wednesday filing on the Hong Kong bourse.
The company attributed the increase in loss to higher share-based payments, higher wage and salary expenditures, and a reduction in agency income.
The company plans to publish the final results before the end of June.
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