K2 F&B (02108) issued a profit warning, expecting a consolidated loss attributable to shareholders of approximately 800,000 Singapore dollars for the mid-term, reversing from profit to loss year-on-year.
K2 F&B (02108) announced that the group expects to record a consolidated loss attributable to shareholders of approximately S$800,000 for the six months ending June 30, 2026 (the reporting period), compared to a consolidated profit attributable to shareholders of approximately S$200,000 for the same period in 2025.
K2 F&B (02108) announced that the Group expects to record a consolidated loss attributable to shareholders of approximately SGD 800,000 for the six months ending June 30, 2026 (the "Reporting Period"), compared to a consolidated profit attributable to shareholders of approximately SGD 200,000 for the same period in 2025.
According to the information currently available to the management of the Company, the expected loss for the Reporting Period is mainly due to a one-time loss of approximately SGD 110,000 recognized upon completing the sale of non-current assets held for sale, including directly attributable transaction costs. The Group's operational performance remains stable and profitable; excluding this one-time disposal loss, the Group is expected to record an adjusted pre-tax profit of approximately SGD 600,000 and an adjusted profit of approximately SGD 300,000 for the Reporting Period.
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