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HS Optimus Holdings Limited ( (SG:504) ) just unveiled an update.
HS Optimus Holdings Limited announced that it anticipates reporting a net loss for the fiscal year ending March 31, 2025, primarily due to macro-economic challenges, geopolitical events, and increased global competition affecting its door business revenue. Additional factors contributing to the loss include the depreciation of the Australian Dollar against the Singapore Dollar, professional fees for property planning, and increased depreciation on investment property due to changes in the intended use of the Lincoln Square Property.
More about HS Optimus Holdings Limited
HS Optimus Holdings Limited, incorporated in Singapore, operates in the door business sector and is involved in property investment, with a focus on the Lincoln Square Property in Carlton, Victoria.
Current Market Cap: S$10.76M
For an in-depth examination of 504 stock, go to TipRanks’ Stock Analysis page.