Enviro-Hub (SGX:L23) is expecting to post a "material loss" for the year ended Dec. 31, 2024, according to a filing with the Singapore Exchange on Friday.
The loss is attributable to impairment on the carrying amount of goodwill allocated to Healthcare GCU following the acquisition of Pastel Glove and other related expesnses.
The company will release its financial figures on or before Feb. 26, the filing added.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.