Jason Marine Group is expecting to report a net loss for 1HFY2025 ended September, based on a preliminary review of its unaudited results.
The group says that despite an increase in revenue in 1HFY2025 as compared to the same period last year, the group’s net performance was weighed down by delays in project deliveries, a decrease in other income and increase in operating costs.
The group adds that Jason Marine is currently in the process of finalising its consolidated financial statement and that further details are expected to be disclosed in the release of its results.
Shares in Jason Marine Group 5PF closed flat at 11.4 cents on Oct 23.
