VibroPower Corporation is expecting to report an operating loss for 1HFY2025 ended September, it says in a profit guidance filing.
According to the filing, the group says that its results for 1HFY2025 are not expected to include the anticipated net gain from VibroPower’s disposal of its indirect subsidiary, Shanxi Wei Neng Coal Mine Gas Development. The disposal, which has yet to be completed, is expected to have a net gain of $2.8 million.
The group adds that further details of the VibroPower’s performance for 1HFY2025 will be disclosed in the release of its results.
Shares in VibroPower Corporation BJD closed flat at 2.5 cents on Oct 29.
