Brief: Frencken Says Expects Business Environment To Remain Challenging In 2023
19/05/2023 11:53
May 19 (Reuters) - Frencken FREN.SI :
* EXPECTS BUSINESS ENVIRONMENT TO REMAIN CHALLENGING IN 2023
* REVENUE DECLINED 13.0% YOY TO S$172.5 MILLION IN 1Q23
* FRENCKEN IS CONFIDENT OF WEATHERING CURRENT HEADWINDS
* MAINTAINS A CAUTIOUS VIEW FOR FY2023
* GROUP EXPECTS REVENUE IN 1H23 TO SOFTEN COMPARED TO 2H22
Source text for Eikon: ID:nSN6fWZ7Q
Further company coverage: FREN.SI
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