Asia
Soup Holdings Flags Net Loss in Fiscal H2; Shares Down 4%
Soup Holdings (SGX:5KI) expects to book a net loss for the fiscal half ended Dec. 31, according to a Tuesday filing with the Singapore Exchange.The company attributed the forecast to its decision not to proceed with the lease agreement for a proposed outlet, which resulted in a compensation payment of SG$384,000 to the landlord.Shares of the restaurants operator were down over 4% in late-morning trade on Tuesday.
SGX:5KI
