Alset International Limited provided consolidated earnings guidance for the year ended December 31, 2022. The Group expects to report a loss for FY2022, principally due to the following factors: there was a significant decrease in revenue due to the drop in sales of properties and membership fees; loss on disposal of investment securities and fair value loss on its investment securities; and a fair value loss on its investment properties.
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5-day change | 1st Jan Change | ||
0.03 SGD | 0.00% |
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-3.23% | -11.76% |
Jul. 04 | Singapore Shares Extend Gains Echoing Positive Global Sentiment; Alset Slides 9% | MT |
Jul. 04 | Alset International Receives Listing and Quotation Notice from SGX; Shares Down 3% | MT |
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+35.56% | 20.3B | |
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+0.88% | 19.25B | |
+48.98% | 17.98B | |
-10.61% | 14.44B |
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- Alset International Limited Provides Consolidated Earnings Guidance for the Year Ended December 31, 2022