MAINBOARD-LISTED The Place Holdings has narrowed its first quarter net loss to S$334,000 for the three months ended March 31, from S$750,000 a year ago.
Loss per share was at 0.01 Singapore cent, unchanged from the year before. There is no dividend declared for the quarter, unchanged from the same period a year ago. Net asset value for the group stood at 1.58 Singapore cents, also unchanged from a year ago.Revenue for the group grew 37 per cent to S$404,000, from S$295,000 a year ago.
Having a physical presence will also provide a springboard for its enlarged tourism-related endeavours locally and globally, the group said.
Source: News Formal (newsformal.com)
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