China Fibretech narrows loss to 1.1m yuan in Q3

Singapore

DYE maker China Fibretech has released a series of reports on its financial performance for the first three quarters of fiscal year 2017.

The mainboard-listed company managed to narrow losses by 99.8 per cent to 1.1 million yuan (S$225,900) for the third quarter ended Sept 30 last year, from a loss of 466.9 million yuan in the same period a year earlier.