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Creative Technology's losses widen in Q1

Creative Technology sank deeper into the red in the first quarter, as its losses swelled from US$9.83 million a year ago to US$13.93 million. Sales dipped 7 per cent for the quarter under review to US$22.51 million due to "uncertain and difficult market conditions", it said.

Loss per share came to US$0.20 versus US$0.14 previously.

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