The board of World Precision Machinery B49 has announced it expects to report a loss after tax for 3QFY2024 ended Sept 30.
The announcement follows a preliminary review of the company’s unaudited consolidated financial results for both periods.
Further details of the company’s financial performance will be disclosed when the unaudited consolidated financial results for 3QFY2024 are announced on Nov 11.
The group adds that it also expects a loss after tax for the full-year FY2024 period ending Dec 31.
Shares in World Precision Machinery closed flat at 27.5 cents on Nov 5.