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

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.