Shin Hwa World alerts stakeholders of 20%+ reduction in net loss

The operator is still assessing intangible asset losses and anticipates a 20-35% reduction, subject to adjustment pending auditor review.  Shin Hwa World has alerted its stakeholders that the company is expected to “record a decrease of approximately 20% to 35% in consolidated net loss for the six months ended 30 June 2024.” The reduction in loss has mainly been attributed to an increase in consolidated revenue generated from t...