TSH Corporation Limited provided group earnings guidance for the year ended December 31, 2021. For the period, the group is expected to report a net loss for fiscal year 2021. The ongoing COVID-19 pandemic, Phase 2 and Phase 3 (Heightened Alert) restrictions imposed by the Singapore Government to minimize transmission of the virus during the year have dampened the recovery of the revenue to a level that is sufficient to cover the operating expenses, and hence a loss is expected for fiscal year 2021.
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- TSH Corporation Limited Provides Group Earnings Guidance for the Year Ended December 31, 2021