CSC HOLDINGS LIMITED 5/21/24, 8:05 PM | Financial Statements and Related Announcement::Profit Guidance |
FINANCIAL STATEMENTS AND RELATED ANNOUNCEMENT::PROFIT GUIDANCE
Issuer & Securities
Issuer/ Manager
CSC HOLDINGS LIMITED
Securities
CSC HOLDINGS LTD - SG1F84861094 - C06
Stapled Security
No
Announcement Details
Announcement Title
Financial Statements and Related Announcement
Date &Time of Broadcast
21-May-2024 20:01:56
Status
New
Announcement Sub Title
Proft Guidance
Announcement Reference
SG240521OTHRA01U
Submitted By (Co./ Ind. Name)
See Yen Tarn
Designation
Executive Director & Group Chief Executive Offcer
Description (Please provide a detailed description of the event in the box below - Refer to the Online help for the format)
Proft Guidance on unaudited fnancial results for the six months and twelve months ended 31 March 2024.
Additional Details
For Financial Period Ended
31/03/2024
Attachments
Proft_Guidance_Announcement.pdf
Total size =110K MB
CSC HOLDINGS LIMITED
(Incorporated in the Republic of Singapore)
(Company Registration No. 199707845E)
PROFIT GUIDANCE ON UNAUDITED FINANCIAL RESULTS
FOR THE SIX MONTHS AND TWELVE MONTHS ENDED 31 MARCH 2024
The Board of Directors (the "Board") of CSC Holdings Limited (the "Company" and, together with its subsidiaries, the "Group") wishes to announce that, based on a preliminary review of (the Group's unaudited financial results for the six months and twelve months ended 31 March 2024 (respectively, "2HFY24" and "FY24"), the Group expects to report a net loss for 2HFY24 and FY24.
The guidance takes into consideration the following:
- challenging market conditions leading to downward pressures on gross profit margins on construction services in 2HFY24; and
- elevated costs of key construction materials, energy and interest.
Further details of the Group's financial performance will be disclosed when the Company announces its unaudited financial results for 2HFY24 and FY24 via SGXNet on or before 31 May 2024.
In the meantime, shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company. When in doubt as to the action they should take, shareholders and potential investors should consult their stockbrokers, bankers, accountants, solicitors or other professional advisers.
By Order of the Board
CSC HOLDINGS LIMITED
See Yen Tarn
Executive Director and Group Chief Executive Officer
21 May 2024
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
CSC Holdings Ltd. published this content on 21 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 May 2024 00:49:06 UTC.
