Seatrium expects net profit in H1 2024

In the preceding half year, the company reported a net loss of $1.7b.

Seatrium expects to rebound in H1 2024 and report a net profit for the period.

In H2 2023, the company widened its net loss to $1.7b.

The company is finalising its unaudited financial results for the period and will release it on or before 2 August.

In the meantime, the company advised its shareholders and potential investors to exercise caution when dealing with its shares.

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Secondhand furniture gains traction as Singaporeans embrace circular economy practices

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