Emerging Towns & Cities Singapore Ltd. has released its Q1 2025 results following a qualified auditor's opinion on its previous financial year's statements. The company is undergoing a significant business transformation, having exited its Myanmar operations to fully embrace live streaming e-commerce and consumer product sales in the People's Republic of China. Despite reporting a loss for this quarter, management projects full-year profitability for 2025.
• Discover a strategic shift as the company divests from a prior core business to venture into a high-growth e-commerce sector
• Witness rapid expansion with the establishment of numerous new entities, indicating a strong commitment to its evolving business model
• Learn about management's optimistic forecast for the current year, anticipating a significant financial turnaround despite a challenging start to the period
