NET loss for Addvalue Technologies narrowed to about US$220,000 in the fiscal first quarter ended June 30 from a net loss of US$862,000 a year ago, the company announced in a Singapore Exchange filing on Saturday.
Revenue for the communications technology products developer shrank 9.5 per cent to US$1.02 million from US$1.13 million in the corresponding period of the previous year.The group remains"cautiously optimistic" about achieving profitability in the current financial year, particularly in the second half of FY2020.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singtel Q1 profit hits 16-year low on Airtel losses, higher costsSINGTEL'S net profit has hit a 16-year low amid industry and economic headwinds, according to results released before the market opened on Thursday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Oil dives after US stock build; halves losses on talk of Saudi price action[HOUSTON] Oil prices tumbled nearly 5 per cent on Wednesday after an unexpected build in US crude stockpiles and on fears of slowing demand, but halved their losses in post-settlement trade on talk that Saudi Arabia was mulling options to halt crude's descent, alongside other producers. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Ezion posts US$364m loss; Yinson still in talks with lendersTROUBLED offshore and marine group Ezion Holdings posted losses for the second quarter on Friday, while its potential white knight, Malaysia-listed Yinson Holdings, continues to negotiate with lenders before extending the lifeline. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Search for British girl missing in Negeri Sembilan forest narrows to 4km radiusKUALA LUMPUR - A dream family vacation at an eco-resort in the dense tropical forest in Negeri Sembilan turned into a nightmare for Ms Maebh Jaseprine Qouirin and Mr Sebastien Marie Philipe when their 15-year-old special needs daughter Nora Anne disappeared from her bedroom on Aug 4.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Aspial Q2 net profit soars 71%, declares higher dividendPROPERTY developer and jeweller Aspial Corp on Thursday posted a 71 per cent rise in net profit to S$10 million in the second quarter from the same period a year earlier. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Morning exercise may offer the most weight loss benefitsNEW YORK — People who exercise in the morning seem to lose more weight than people completing the same workouts later in the day, according to a new study of workouts and waistlines.
Source: TODAYonline - 🏆 1. / 99 Read more »