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)
