F J Benjamin Holdings Sees Net Loss Widen Drastically In FY2025
F J Benjamin Holdings Ltd navigated a challenging FY2025, recording decreased turnover due to persistently weak consumer sentiment and the closure of non-profitable stores, particularly in Singapore and Malaysia. Despite implementing various cost management measures, including headcount rationalisation and the relocation of back-end offices, the Group reported a significant net loss. The results also involved substantial charges related to expected credit losses and asset impairments. Looking ahead, the future performance is subject to uncertainty following the mutual agreement to terminate a…
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