Cordlife's Q3 bottom line hit by absence of fair-value, forex gains
Singapore
CORDLIFE Group swung into the red for the three months ended March 31, 2016, from a profit-making quarter a year ago, due to absence of fair-value and exchange gains.
On Wednesday, it reported a loss attributable to shareholders of S$2.04 million for the fiscal third quarter, reversing from the net profit of S$18.1 million for the previous corresponding quarter. Loss per share came in at 0.79 Singapore cent for the quarter, against earnings per share of seven Singapore cents a year ago.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
DBS customers unable to log into digibank, PayLah! on Thursday
NYSE-parent ICE’s revenue misses as muted IPO markets offset record energy trading
Amazon bets big with CrowdStrike on cybersecurity products
Goldman Sachs scraps EU-era bonus cap for top bankers in UK: source
Thomson Reuters lifts 2024 forecast on first quarter revenue result
US: Wall St opens higher after Fed leaves interest rates alone