Tung Lok Restaurants (SGX:540) is forecasting a net loss for the six months ended Sept. 30, compared to a net profit for six months ended Sept. 30, 2023, a filing with the Singapore Exchange said on Friday.
The seafood restaurant operator has attributed this to a decrease in revenue due to challenging economic environment.
The company is expected to disclose its financial figures on or before Nov. 14.
Price (SGD): S$5808.12, Change: S$-1.7, Percent Change: -0.03%
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