SG logistics firm Ninja Van's losses more than doubled to S$250m in FY2022

SG logistics firm Ninja Van's losses more than doubled to S$250m in FY2022

Editor’s note: Ninja Van’s acquisition of Kaibo has been updated to USD. The number of ordinary shares has also been corrected.

Southeast Asian logistics provider Ninja Van’s net loss more than doubled to S$250 million ($181.5 million) in the financial year that ended June 30, 2022, according to its latest regulatory filing.

Edited by: Deepshikha Monga