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BUILDING & ENGINEERING | Staff Reporter, Singapore

Asia Fashion Holdings warns of loss as sales drop

Its construction materials business is a key drop.

SGX-listed Asia Fashion Holdings warned shareholders that it is expected to book a full-year loss in the fourth quarter of FY15, compared to an operating profit reported in the same period in the preceding year.

The loss is mainly attributed by declined sales in its new construction materials business as compared to that reported in the comparable period in the preceding year.

The group will unveil its full results in the middle of February.

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