MT Newswires05-26
Mary Chia (SGX:5OX) expects to book a net loss for the fiscal year ended March 31, compared to net profit a year earlier, according to a Tuesday bourse filing.
The wellness company attributed the expected loss to lower revenue contribution and higher operating and fulfilment related costs from Taiwan operations, higher depreciation of right-of-use assets, and higher finance costs stemming from increased borrowings.
The company will release its financials on or before May 29.
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