Ellipsiz expects to report net profit for 1HFY2025 from gain on disposal

Felicia Tan

01-27

The company is expected to report its earnings around Feb 10.

Ellipsiz says it expects to report a profit for the 1HFY2025 ended Dec 31, 2024, reversing from its loss of $1.95 million in the 1HFY2024.

According to the company, the profit is mainly thanks to the gain on disposal of its 51% stake in Axis-Tec. The better performance of its distribution and services solutions segment is also a contributor to Ellipsiz Bix’s half-year earnings.

The company is expected to report its earnings around Feb 10.

On the same day, Ellipsiz announced the appointment of its new CEO, Ho Siew Keong Kenneth.

Ho has been the executive director of the company since Aug 1, 2024, and was previously the general manager at Lum Chang Holdings L19 from May 2024 to July 2024.

Ellipsiz's previous CEO and executive director, Kelvin Lum Wen-Sum, stepped down from his role on Sept 13, 2024, citing "health-related" reasons.

Shares in Ellipsiz closed flat at 15.8 cents on Jan 27.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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The better performance of its distribution and services solutions segment is also a contributor to Ellipsiz <code>Bix</code>’s half-year earnings.</p>\n<p>The company is expected to report its earnings around Feb 10.</p>\n<p>On the same day, Ellipsiz announced the appointment of its new CEO, Ho Siew Keong Kenneth. </p>\n<p>Ho has been the executive director of the company since Aug 1, 2024, and was previously the general manager at Lum Chang Holdings <code>L19</code> from May 2024 to July 2024.</p>\n<p>Ellipsiz's previous CEO and executive director, Kelvin Lum Wen-Sum, stepped down from his role on Sept 13, 2024, citing \"health-related\" reasons.</p>\n<p>Shares in Ellipsiz closed flat at 15.8 cents on Jan 27.</p>\n</body></html>","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>Ellipsiz expects to report net profit for 1HFY2025 from gain on disposal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEllipsiz expects to report net profit for 1HFY2025 from gain on disposal\n</h2>\n<h4 class=\"meta\">\n</h4><p class=\"head\">\n<strong class=\"h-name small\">Felicia Tan</strong><span class=\"h-time small\">2025-01-27 10:59</span>\n</p>\n</header>\n<article>\n<p><img src=\"https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/scrambled-egg-main_0_0_0_0.jpg\"/> The company is expected to report its earnings around Feb 10.</p><p>Ellipsiz says it expects to report a profit for the 1HFY2025 ended Dec 31, 2024, reversing from its loss of $1.95 million in the 1HFY2024.</p>\n<p>According to the company, the profit is mainly thanks to the gain on disposal of its 51% stake in Axis-Tec. The better performance of its distribution and services solutions segment is also a contributor to Ellipsiz <code>Bix</code>’s half-year earnings.</p>\n<p>The company is expected to report its earnings around Feb 10.</p>\n<p>On the same day, Ellipsiz announced the appointment of its new CEO, Ho Siew Keong Kenneth. </p>\n<p>Ho has been the executive director of the company since Aug 1, 2024, and was previously the general manager at Lum Chang Holdings <code>L19</code> from May 2024 to July 2024.</p>\n<p>Ellipsiz's previous CEO and executive director, Kelvin Lum Wen-Sum, stepped down from his role on Sept 13, 2024, citing \"health-related\" reasons.</p>\n<p>Shares in Ellipsiz closed flat at 15.8 cents on Jan 27.</p>\n<div class=\"bt-text\">\n<p> 來源：<a href=\"https://www.theedgesingapore.com/news/results/ellipsiz-expects-report-net-profit-1hfy2025-gain-disposal?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Felicia Tan</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6515","symbol_name":"技術設備股","start_time":0,"source_url":"https://www.theedgesingapore.com/news/results/ellipsiz-expects-report-net-profit-1hfy2025-gain-disposal?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2506424536","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2506424536","pubTimestamp":1737946797,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"The company is expected to report its earnings around Feb 10.","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6515":"技术设备股","BK6063":"半导体设备","SES.SI":"Shanaya","BIX.SI":"奕力"},"translate_title":"Ellipsiz预计将报告2025财年上半年出售收益净利润","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BIX.SI":1,"SES.SI":1},"content_text":"The company is expected to report its earnings around Feb 10.Ellipsiz says it expects to report a profit for the 1HFY2025 ended Dec 31, 2024, reversing from its loss of $1.95 million in the 1HFY2024.\nAccording to the company, the profit is mainly thanks to the gain on disposal of its 51% stake in Axis-Tec. The better performance of its distribution and services solutions segment is also a contributor to Ellipsiz Bix’s half-year earnings.\nThe company is expected to report its earnings around Feb 10.\nOn the same day, Ellipsiz announced the appointment of its new CEO, Ho Siew Keong Kenneth. \nHo has been the executive director of the company since Aug 1, 2024, and was previously the general manager at Lum Chang Holdings L19 from May 2024 to July 2024.\nEllipsiz's previous CEO and executive director, Kelvin Lum Wen-Sum, stepped down from his role on Sept 13, 2024, citing \"health-related\" reasons.\nShares in Ellipsiz closed flat at 15.8 cents on Jan 27.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0}}}