Accrelist narrows FY2019 loss to S$71,000

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.