The Business Times
business-time-50

Accrelist narrows FY2019 loss to S$71,000

Ng Ren Jye

Published Tue, May 28, 2019 · 09:50 PM
Accrelist

Singapore

CORPORATE accretion services provider Accrelist Ltd narrowed its net loss to S$71,000 for the financial year ended March 31, from a S$310,000 net loss for the year-ago period. It cited a sustained turnaround and stronger operational performance of its subsidiary, Jubilee Industries Holdings, as the reason for the group's improved performance.

Earnings per share for fiscal 2019 was zero Singapore cent, versus a loss per share of 0.01 Singapore cent previously.

Accrelistjubilee industriesFinancial results

TRENDING NOW

First Gen is expanding its geothermal business, rejecting an offer for its EDC subsidiary from Indonesia’s renewables giant Barito Group .

Philippine power giant First Gen rebuffs foreign offers, plans up to US$2.6 billion in expansion 

Malaysian Chinese bag-maker Liew Bin now sees value in protectionist measures as low-cost competition from China threatens Malaysian small and medium-sized enterprises.

Once staunchly pro-China, Malaysian Chinese businesses are now distancing themselves from Beijing

Workers who reported 16 or more unpaid hours are more likely to be fully engaged in their jobs, the survery indicated.

Nearly half of Singapore workers put in at least six unpaid hours a week: survey

STT VNG Ho Chi Minh City 1, a data centre jointly operated by Singapore’s STTGDC and Vietnam’s VNG. Vietnam could face a nationwide capacity shortfall of about 4,300 MW in 2027, says the industry and trade ministry.

Vietnam’s data-centre investment rush faces reality check on power and site constraints

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More