Creative Technology, which has been suffering from declining revenue for years, has reversed the trend, due to better sales of new products amid stronger demand from the work-from-home crowd.

For 1HFY2021 ended Dec 31 2020, the maker of audio products recorded revenue of US$47.5 million, up 52% y-o-y. From losses of US$8.5 million in 1HFY2020, the company reported earnings of US$45,000. 

There were previous periods when the company reported better earnings, but they were mostly lifted by one-off wins from its string of intellectual property battles.

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