The Singapore-listed group was cited by Seatrade Maritime News of Colchester as saying in a statement: "Owing to the current depressed shipping industry in general, agency and logistics business continues to face rates and cargo volume challenges."
"Barring unforeseen circumstances, the group expects its overall performance in financial year 2018 to be profitable," SSC added.
"Barring unforeseen circumstances, the group expects its overall performance in financial year 2018 to be profitable," SSC added.