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Declout reports 3Q losses of $3.3 mil on Procurri IPO costs

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Declout reports 3Q losses of $3.3 mil on Procurri IPO costs

Benjamin Cher Published on Thu, Nov 10, 2016 / 7:05 PM GMT+8

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SINGAPORE (Nov 10): Declout reported a $3.3 million loss for 3Q16 driven mainly by Procurri’s listing expenses of $2.2 million. Excluding the one-time Procurri expenses, 3Q16 losses would be at $1.1 million due to operating losses from subsidiaries.

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