Addvalue Technologies narrows Q1 loss to US$220,000
Singapore
NET loss for Addvalue Technologies narrowed to about US$220,000 in the fiscal first quarter ended June 30 from a net loss of US$862,000 a year ago, the company announced in a Singapore Exchange (SGX) filing on Saturday.
Revenue for the communications technology products developer shrank 9.5 per cent to US$1.02 million from US$1.13 million in the corresponding period of the previous year. Addvalue attributed the decrease mainly to the delivery of some satellite communication…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Syngenta to withdraw China IPO application on weak market: sources
Chinese firms’ fundraisings in limbo as IPOs scrutinised at home and abroad
China’s Huawei continues rebound with strongest earnings growth since 2019
Hatten Land gets notice of default, letter of demand for RM14 million, appoints financial adviser
ComfortDelGro wins contracts to run buses in Manchester
Sam Bankman-Fried, at sentencing, acknowledges FTX customers have suffered