The board of World Precision Machinery B49 has announced it expects to report a loss after tax for the 4QFY2023 ended Dec 31, 2023, but will remain profitable for the full-year FY2023 period.
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 4QFY2023 and FY2023 are announced on Feb 29.
Shares in World Precision closed 1 cent higher or 3.92% up at 26.5 cents on Feb 22.
