Chemical Industries Far East to Report Loss for Fiscal H1

MT Newswires

2024/10/31

Chemical Industries Far East (SGX:C05) expects to book a loss for fiscal H1, according to a filing with the Singapore Exchange on Wednesday.

The chemicals company has attributed the downbeat forecast to intense competition and lower industrial demand due to a weak economy, among other reasons.

The company will release its financial statements on or before Nov. 14.

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