Asia File Corporation Berhad (AF MK) reported a 35.8% year-on-year decline in PATANCI for 1QFY25, totalling RM10.3 million, which is in line with estimates and represents 25% of the full-year forecast. This weaker profit was primarily attributed to substantial forex losses, particularly in GBP and EUR. In terms of revenue, the company saw a sequential…
Asia File’s Resilient Cash Position Bolsters Future Prospects
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