Southern Archipelago Ltd.: FY2025 Results Warning and Outlook
On 23 February 2026, Southern Archipelago Ltd. issued a results warning regarding its financial performance for the year ended 31 December 2025. The company, together with its subsidiaries, signaled a challenging year with expected net losses due primarily to the liquidation of a dormant subsidiary.
Key Announcements
- Expected Net Losses for FY2025: The Group projects net losses for the financial year ended 31 December 2025.
- Primary Cause: Losses are mainly attributed to the members’ voluntary liquidation of Trackplus Sdn. Bhd., a dormant subsidiary.
- Further Disclosures: Detailed financial statements for the second half and full year FY2025 will be released…