loss

Lifebrandz 2Q losses widen 18% to $0.6 mil on higher sales activities, business expansion
SINGAPORE (Mar 14): Lifebrandz saw its losses in 2Q widen 18% to $0.6 million from $0.5 million a year ago, mainly due to an increase in total expenses which the group attributes to higher sales activities and business expansion. Group revenue for the quarter grew 65% to $1.5 million from $0.9 million in 2Q18 on the back of higher revenue from the food and beverage (F&B) segment, out of ...
Clearbridge Health posts smaller 3Q loss of $2.5 mil
SINGAPORE (Nov 12): Clearbridge Health recorded a loss of $2.5 million for the 3Q ended Sept, 21.4% smaller than its net loss of $3.2 million a year ago on higher revenue derived from its newly-commenced businesses. Revenue for the quarter was $2.05 million compared to just $0.1 million in 3Q17, upon recording contributions from Clearbridge’s medical clinics/centres in Singapore and Hong ...
Creative Tech sinks into 1Q losses in absence of patent settlement gains
SINGAPORE (Oct 31): Creative Technology reported a loss of US$6.1 million ($8.5 million) for the 1Q ended Sept (1Q19), reversing into the red from its earnings of US$22.8 million in 1Q18 in the absence of other gains recorded in the latter period. While Creative booked other gains of US$32 million in 1Q18 largely due to a US$31.2 million received from the settlement of patent lawsuits as well ...
Spackman sinks deeper into the red in 2Q with $2.1 mil loss
SINGAPORE (Aug 15): Spackman Entertainment Group reported a loss of US$1.5 million ($2.1 million) for the 2Q ended June, widening from its 2Q17 loss of US$0.2 million on lower revenue and higher general & administrative expenses. This brings the group to a loss of US$0.6 million for 1H18, compared to earnings of US$5.2 million a year ago. Revenue for the latest quarter fell 32% on-year ...
Yoma sinks into the red in 1Q19 with $15.9 mil loss despite revenue growth
SINGAPORE (July 24): Yoma Strategic Holdings reported a loss of $15.9 million for 1Q19 compared to earnings of $2.8 million a year ago on higher finance expenses, lower other income, as well as greater share of losses of joint ventures and associated companies. Revenue for the quarter grew 13.9% to $29.4 million from $25.8 million previously, with high contributions across all three of its ...
Singapore Kitchen Equipment sinks deeper into the red with 1Q18 loss of $0.9 mil
SINGAPORE (June 22): Singapore Kitchen Equipment (SKE) reported losses doubled to $0.9 million for 1Q18 from $0.45 million a year ago on higher costs and expenses.  Revenue for the quarter grew 43.6% to $6.9 million from $4.8 million in 1Q17 mainly due to higher sales generated from fabrication and distribution for tenders, and higher maintenance and service income. Cost of sales rose ...
Gaylin's FY18 loss widens to $51.6 mil on inventory provisioning
SINGAPORE (May 28): Gaylin Holdings, the specialist provider of products, services and solutions to the oil & gas (O&G) and maritime industries, saw 4Q losses widen to $44.4 million from a loss of $6.2 million a year ago due to higher provision for slow-moving and aged inventory. The latest set of quarterly results brings the group to a full year loss of $51.6 million as compared to ...
China Kangda sinks into the red with $3.3 mil full-year loss on higher chicken mortality
SINGAPORE (Mar 29): China Kangda Food Company posted a FY17 loss of RMB15.8 million ($3.3 million) compared to earnings of RMB6.3 million a year ago.  In a Wednesday filing, the group attributes the full-year loss largely to higher mortality rates of chicken resulting from bad weather, as well as higher administrative costs. The loss comes even as revenue remained steady at around ...
Starburst swings back into the black with FY17 earnings of $0.1 mil
SINGAPORE (Mar 1): Starburst Holdings, the firearms-training facilities provider, swung back into profitability in FY17 with earnings of $0.1 million compared to a loss of $11.7 million in FY16. This was due to improved margins and a significant decline in project and production costs. Revenue declined 13.3% to $15.9 million in FY17 from $18.3 million in FY16, due to the lower contributions ...
Yongnam FY17 losses cut by half to $15.8 mil on improved project margins
SINGAPORE (Mar 1): Yongnam Holdings reported full-year losses narrowed by half to $15.8 million in FY17 from $31.6 million in FY16 on improved margins for some of its projects.   Revenue for the full year fell 4.6% to $306.7 million in FY17 from $321.4 million in FY16 due to lower contributions from its structural steelworks and mechanical engineering businesses, which more than offset ...