Soon Lian to post net profit after 2023 loss

The company linked this to strong demand for precision engineering segment products.

Soon Lian Holdings expects to report a consolidated net profit for financial year 2024 after a 2023 net loss, according to a preliminary review of the unaudited financial results.

The company linked this to strong demand for precision engineering segment products from the start of 2024 which drove up its revenue and gross profit.

The company is finalising its unaudited financial statements for the first half of 2024 and FY2024 and will disclose further details on or before 28 February 2025.

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