Lion Asiapac Limited expects loss due to lower orders

The loss was attributed to lower orders from the trading business.

Lion Asiapac Limited announced that the group is expected to report a loss for the second quarter and half year ended 31 December 2024, due to lower orders from the trading business.

“The company is in the process of finalising its unaudited financial results for the second quarter and half year ended 31 December 2024 and will provide further details on the group’s performance when it releases the results,” the group said in a bourse filing.

The group also advised its shareholders and potential investors to exercise caution when dealing with the shares of the company.

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