Tomo Holdings Flags Wider 2025 Loss on Higher Costs and FX Hit
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Tomo Holdings Limited (HK:6928) has announced an expected loss of S$3.7 million for the year ending December 31, 2025, an increase from a S$2.6 million loss the previous year. The company cites higher travel and entertainment expenses and a shift from foreign exchange gains to losses as reasons for the deeper loss. The figures are preliminary and unaudited. The audited results will be released on March 30, 2026. Analysts currently rate the stock as a Hold with a price target of HK$0.24.
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