Net Pacific Financial (SGX:5QY) is expecting to report a higher consolidated net loss for the year ended Dec. 31, 2024, according to a filing with the Singapore Exchange on Thursday.
The company has attributed this to foreign exchange loss and losses from its golf business, along with losses from its luggage business segment.
The company will reveal its financial findings no later than Feb. 14.
Shares of the company plunged nearly 12% in recent trading.
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