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Ntegrator sinks in the red in FY17 on lower revenue

Stanislaus Jude Chan
Stanislaus Jude Chan2/26/2018 05:51 PM GMT+08  • 2 min read
Ntegrator sinks in the red in FY17 on lower revenue
SINGAPORE (Feb 26): IT and telecommunication solutions provider Ntegrator International sank to a net loss of $1.6 million for the FY17 ended December, compared to earnings of $2.5 million a year ago.
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SINGAPORE (Feb 26): IT and telecommunication solutions provider Ntegrator International sank to a net loss of $1.6 million for the FY17 ended December, compared to earnings of $2.5 million a year ago.

Full-year revenue fell 50.5% to $33.1 million, from $66.9 million a year ago.

This was led by a 77.9% in Project Sales revenue to $10.5 million in FY17, from $47.6 million a year ago.

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