PREMIUM CATERING (HOLDINGS) LIMITED ANNOUNCES YEAR END FINANCIAL RESULTS
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Premium Catering (Holdings) Limited, listed on Nasdaq, reported its financial results for the fiscal year ending June 30, 2024. The company recorded a revenue of S$5,163,909 and a net loss of S$1,466,690.
November 13, 2024 | 2:30 pm
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Premium Catering reported a net loss of S$1,466,690 for FY 2024, despite generating revenue of S$5,163,909. This financial performance may impact investor sentiment negatively.
The announcement of a net loss for the fiscal year is likely to negatively impact the stock price as it reflects poor financial performance. Investors typically react unfavorably to losses, especially when the company is publicly traded.
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IMPORTANCE 80
RELEVANCE 100