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Ascent Bridge Forecasts Net Loss in Fiscal 2026

MT Newswires05-22 17:04

Ascent Bridge (SGX:AWG) is expecting to book a net loss for the fiscal year ended March 31, according to a Thursday filing with the Singapore Exchange.

Shares of the global beverage alcohol distributor were down over 1% in Friday trading.

The company has attributed its net loss to decreased revenue due to reduced contributions from duty-free markets.

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