AsiaPhos expects Q3 and 9M 2024 recovery
The sale of subsidiaries helped push AsiaPhos toward a rebound.
AsiaPhos Limited expects a rebound in Q3 2024 and 9M 2024 driven by the sale of subsidiaries, reduced costs, and lower finance expenses.
In Q3 2023 and 9M 2023, the company recorded net losses of $380,000 and $422,000, respectively.
It reminded shareholders and investors to exercise caution when trading in AsiaPhos shares and encouraged them to seek independent advice.