Hong Lai Huat Group Issues Profit Guidance for FY2025: Improved Revenue and Gross Profit Expected
Hong Lai Huat Group Limited, listed on the SGX Mainboard (CTO.SI), has released a profit guidance announcement for its financial year ended 31 December 2025 (FY2025). The Board of Directors has provided several key insights into the Group’s expected financial performance, which may be significant for shareholders and investors.
Key Points from the Profit Guidance
- Improvement in Revenue: The Group expects to report higher revenue for FY2025 compared to FY2024. This is based on a preliminary assessment of the unaudited financial results.
- Increase in Gross Profit: Alongside the revenue growth, gross profit is also expected to improve for FY2025.
- Reduction in Net Loss: Despite the improvements in revenue and gross profit, the Group will still record a net loss for FY2025. However, the net loss is anticipated to be lower than the net loss reported for FY2024.
- Preliminary Figures: The financial numbers provided are based on management’s initial review of the unaudited results. These figures have not been audited or reviewed by external auditors and may be subject to adjustments.
- Upcoming Detailed Disclosure: More comprehensive details regarding the Group’s financial performance will be released when the unaudited financial results for FY2025 are formally announced on 26 February 2026.
Important Information for Shareholders and Investors
- Caution Advised: The Board strongly advises shareholders and investors to exercise caution when dealing in the Company’s shares, given that the disclosed figures are preliminary and unaudited.
- Professional Advice Recommended: Shareholders or potential investors who are uncertain about their next actions are encouraged to consult with their stockbrokers, bank managers, solicitors, accountants, tax advisers, or other professional advisers.
- Potential Price Sensitivity: The guidance hints at a turnaround in the business, with improved revenue and gross profit and a narrowing of net losses. These are positive developments that could influence investor sentiment and potentially impact share value, especially once the full financial results are disclosed.
What to Expect Next
- The official unaudited financial results for FY2025 will be announced on 26 February 2026. Investors should monitor this date closely for further updates and more definitive figures.
- The Board and management will continue to review and adjust the figures as necessary, pending audit and finalization.
Executive Statement
The announcement was issued by Dato Dr Ong Bee Huat, PBM, Executive Deputy Chairman & Group CEO, on 20 February 2026.
Disclaimer: This article is based on preliminary unaudited financial guidance issued by Hong Lai Huat Group Limited. Investors should exercise caution and seek independent professional advice before making investment decisions. The information provided may be subject to change upon release of the audited financial statements.
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