Home News Results

Creative Technology to report operating loss for FY2021

The Edge Singapore
The Edge Singapore7/2/2021 8:22 PM GMT+08  • 1 min read
Creative Technology to report operating loss for FY2021
Creative Technology expects FY2021 revenue of US$83 million vs US$61 million for FY2020
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Creative Technology has guided for an operating loss for the year ended June 30 2021.

The company enjoyed revenue of US$47 million for 1HFY2021 ended Dec 2020, up 52% y-o-y, as demand for its audio products jumped as more people work from home.

However, its revenue for 2HFY2021 has moderated to around US$36 million, although it will still an increase from US$30 million reported for 2HFY2020.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.