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Heavier impairment on crypto assets to drag OIO into a heavier loss for 1HFY2022

The Edge Singapore
The Edge Singapore8/3/2022 05:41 PM GMT+08  • 1 min read
Heavier impairment on crypto assets to drag OIO into a heavier loss for 1HFY2022
For the six months ended June 30 2021, the company reported a loss of $638,632.
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OIO Holdings expects to report a heavier y-o-y loss for its 1HFY2022 ended June, as it had to book more impairment on the value of its crypto assets, amid a wider crash of this market.

For the six months ended June 30 2021, the company reported a loss of $638,632.

The company expects to report on Aug 14.

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