You are here

GP Industries' losses shrink in Q4

Tuesday, May 23, 2017 - 19:38

MAINBOARD-LISTED GP Industries reduced its losses in the fourth quarter ended March 31, 2017.

The company posted losses of S$1.414 million, compared to S$4.196 million in the same period of 2016, the company said in a Singapore Exchange filing on Tuesday.

For Q4, revenue went up 12.7 per cent to S$263.2 million from S$233.6 million the year before.

It posted earnings per share of 1.50 Singapore cents, a drop from 1.6 Singapore cents in the previous year.

GP Industries is an international manufacturing and marketing group in the electronics and batteries industries. It has been listed on the SGX since 1995 and is the main industrial investment vehicle of Hong Kong-listed Gold Peak Industries (Holdings) Limited, which currently owns an approximately 85 per cent interest in the company.

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom