Nera Telecommunications (NeraTel)

NeraTel posts 44.7% decline in revenue of $22.3 mil in 1QFY2024, grows order intake by 61.1% - THE EDGE SINGAPORE

Results

NeraTel posts 44.7% decline in revenue of $22.3 mil in 1QFY2024, grows order intake by 61.1%

NeraTel posts lower 1Q revenue but order intake shows significant growth.

Results

NeraTel is back in the black in FY2023 with earnings of $5.5 million

NeraTel is back in the black in FY2023.

Company in the news

Subsidiary of Nera Telecommunications receives charge from ABN Infinity Service

The charge against NeraTel follows a successful claim against ABN’s bounced cheque of $130,000.
Nera Telecommunications wins contracts from three service providers worth $17 mil  - THE EDGE SINGAPORE

Contracts

Nera Telecommunications wins contracts from three service providers worth $17 mil

The contracts are expected to have a significant positive impact on the performance of the company for the current financial year.

Results

NeraTel revenue grows 22.4% y-o-y in 1Q22, mainly from government, telecom and utilities

NeraTel saw a 622% jump in orders from its GTU segment, while revenue from this segment rose 100% y-o-y in 1Q22.

Property

Nera Telecommunications to dispose of 109 Defu Lane 10 for $6.3 million

The company issued an option to purchase to De Tian Holdings on April 7, which expires at 4pm on April 22.
Nera Telecommunications appoints new Group CEO and executive director - THE EDGE SINGAPORE

New appointments

Nera Telecommunications appoints new CEO and executive director

As part of his role Chong will lead the group by charting its next phase of growth in systems integration and tech-related areas
Neratel appoints Tan Cham Khain Orlando as new CCO - THE EDGE SINGAPORE

New appointments

Neratel appoints Tan Cham Khain Orlando as new CCO

Neratel has appointed Tan Cham Khain Orlando as Chief Commercial Officer of the Group from today.
Nera Telecommunications files police report over misdirected remittance - THE EDGE SINGAPORE

Telecommunications

Nera Telecommunications files police report over misdirected remittance

The misdirected remittance was due to a fraudulent instruction by a party purporting to be a supplier.

Results

Nera Telecommunications 1Q earnings down 39.2% to $1.74 mil

SINGAPORE (May 10): Nera Telecommunications (NeraTel) reported a 39.2% fall in 1Q18 earnings to $1.7 million from $2.9 million in 1Q17 due to mainly higher unrealised foreign exchange loss coupled with higher operating expenses,
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