Staff Reporter
,
Singapore
Start-up expenses of new stores in Malaysia are partly to blame.
The Board of Directors of Pertama Holdings Limited provided profit guidance on the Group’s results for the first quarter ended 30 September 2012.
The Group is expected to report a loss for Q1FY2013. The announcement said the expected first quarter loss is attributable mainly to start-up expenses of new stores in Malaysia coupled with price deflation of consumer electronics products.
Further details of the Group’s performance will be disclosed when the company announces its first quarter results in due course.
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