You are here

Vard suffers Q3 net loss of 37m kroner despite 18.5% rise in revenue

sgxvardshares1211.jpg
Vard Holdings sank into the red with a net loss of 37 million Norwegian kroner (S$7.01 million) for the third quarter ended Sept 30 compared with a profit of 76 million kroner a year earlier.

Singapore

VARD Holdings sank into the red with a net loss of 37 million Norwegian kroner (S$7.01 million) for the third quarter ended Sept 30 compared with a profit of 76 million kroner a year earlier, because of higher operating costs.

Revenue jumped 18.5 per cent year-on-year to

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom