Sunrise Shares expects net loss for 18-month period to June 2025
It was weighed by the higher administrative costs during the extended reporting period.
Sunrise Shares Holdings Ltd. expects to post a net loss for the 18-month period ended 30 June 2025 (FP2025), following higher administrative expenses incurred during the extended reporting cycle.
The company said the increase stemmed from additional operating and compliance costs as it transitioned to the new financial year-end. The company is finalising its unaudited results, scheduled for release around October 2025.
Sunrise Shares said the guidance reflects preliminary figures from its internal review and will provide detailed financial performance once the results are published. It advised shareholders and investors to exercise caution when dealing in its securities.