Qian Hu issues FY2023 profit warning

The company expects to report a net loss for the FY2023 ending Dec 31.

Qian Hu Corporation BCV has issued a profit warning for its FY2023 ending Dec 31.

In a bourse filing on SGX on Dec 28, the company says the expected FY2023 net loss is due mainly to streamlining and the transformation of certain business activities.

Qian Hu will report its earnings for FY2023 on Jan 12.

Shares in Qian Hu closed flat at 18.5 cents on Dec 28.

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