Bonvest Holdings Braces for Net Loss in H1

MT Newswires08-05

Bonvest Holdings (SGX:B280) expects to book a net loss after tax for the first half of the year, according to a filing with the Singapore Exchange on Friday.

The company is expected to release its financial statements on or before Aug. 14.

In the year-ago period, the company swung to a profit of SG$5 million from a loss of SG$7.3 million in the first half of 2022, as revenue surged 55% year over year to SG$93.2 million.

Price (SGD): S$0.94, Change: S$-0.01, Percent Change: -1.05%

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