"Profit Warning" GRANDSHORES expects an annual loss of up to SGD 2 million
GRANDSHORES (01647.HK) issued a profit warning, expecting a loss of between SGD 500,000 and SGD 2 million for the fiscal year ending in March, compared to a profit of SGD 2 million in the previous year. The reasons are increased employee-related costs and a decrease in government subsidies received during the year
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