MMG Ltd. issues profit warning after non-cash impairment review

Reuters01-27
<a href="https://laohu8.com/S/MMLTF">MMG Ltd</a>. issues profit warning after non-cash impairment review

MMG Limited has announced that a review of the recoverable amounts of its projects and operations for the financial year 2025 has revealed several impairment indicators for the Kinsevere operation. As a result, the company expects to record a non-cash impairment, which will negatively impact its financial results for FY2025 and result in a profit warning. The final financial results are still being finalized and may be subject to adjustment.

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