3/3/23, 8:32 PM | Financial Statements and Related Announcement::Profit Guidance |
FINANCIAL STATEMENTS AND RELATED ANNOUNCEMENT::PROFIT GUIDANCE
Issuer & Securities
Issuer/ Manager
SUNRIGHT LIMITED
Securities
SUNRIGHT LTD - SG1B17008288 - S71
Stapled Security
No
Announcement Details
Announcement Title
Financial Statements and Related Announcement
Date &Time of Broadcast
03-Mar-2023 20:30:24
Status
New
Announcement Sub Title
Proft Guidance
Announcement Reference
SG230303OTHRHV2I
Submitted By (Co./ Ind. Name)
Christina Foong
Designation
Company Secretarial Executive
Effective Date and Time of the event
03/03/2023 20:30:00
Description (Please provide a detailed description of the event in the box below - Refer to the Online help for the format)
Please refer to the attachment.
Additional Details
For Financial Period Ended
31/01/2023
Attachments
Sunright_Annt_Proft_Guidance_for_1HFY2023_results_20230303.pdf
Total size =102K MB
SUNRIGHT LIMITED
(Co. Reg. No.: 197800523M)
1093 Lower Delta Road, #02-01/08
Singapore 169204
Tel: (65) 62725842 Fax: (65) 62768426
ANNOUNCEMENT
PROFIT GUIDANCE
The Board of Directors of Sunright Limited (the "Company") wishes to announce that following a preliminary assessment of the financial results of the Company and its subsidiaries (the "Group") for the first half financial year ended 31 January 2023 ("1HFY2023"), the Group expects to continue report a loss.
The operations continued to face challenges with supply constraints for components and chips which had caused non-linearity to the manufacturing outputs. Additionally, the Group experienced soft demand for equipment orders.
The Group is in the process of finalising its unaudited results for the 1HFY2023. Further details of the Group's performance will be disclosed when the Company announces its unaudited results for the 1HFY2023 in due course.
In the meantime, shareholders and investors are advised to exercise caution when dealing in the shares of the Company. Shareholders and investors should consult their stockbrokers, bank managers, solicitors or other professional advisers if they have any doubt about the course of action that they should take before dealing in the shares of the Company.
By Order of the Board
Adeline Lim Kim Swan
Company Secretary
3 March 2023
HARNESSING TECHNOLOGY • DELIVERING EXCELLENCE • ENHANCING QUALITY LIFE
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Sunright Ltd. published this content on 03 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 March 2023 13:49:10 UTC.