Soon Liang Holdings Ltd. anticipates rebound in H1 2024

The company reported a net loss of $2.6m in H1 2023.

Soon Lian Holdings Limited said it anticipates its January to June (H1 2024) net profit to improve on a year-on-year basis following a reported net loss last year.

The expected profit growth is mainly due to a strong demand in the precision engineering segment and the improvement of the global semiconductor industry.

Soon Liang previously reported a net loss of $2.6m in the same period last year.

The profit guidance follows a preliminary review of the company’s unaudited financial results for H1 2024. Full details will be disclosed on or before 14 August.

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Soon Liang Holdings Ltd.

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