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Satu Holdings(08392)expects a loss for FY19
17 May 2019
(Infocast News) Satu Holdings Limited (08392) said that it is expected that the Group may record a loss attributable to the shareholders of the Company for the year ended 31 March 2019 compared to the consolidated net profit, excluding the listing expenses which were non-recurring in nature, for the year ended 31 March 2018. The expected loss is mainly due to (i) a decrease in revenue; (ii) a lower gross profit margin recorded; and (iii) an increase in
expenses such as staff cost, depreciation of property, plant and equipment and advertising costs.

(SY)
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