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Published Thu, Jun 12, 2014 · 10:00 PM

LifeBrandz Q3 net loss widens

NIGHTCLUB operator LifeBrandz posted a wider net loss of $872,000, or 0.04 cent per share, for the third quarter ended April 30, from a loss of $328,000 a year ago.

Weaker crowds and higher competition shrank revenue by 10 per cent to $5 million.

LifeBrandz, which is seeking a reverse takeover deal that will turn it into a hospitality developer, remains "cautious" about the outlook…

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Companies & Markets

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Company Briefs

KEYWORDS IN THIS ARTICLE

Companies & Markets

Meta releases early versions of its Llama 3 AI model

Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts

TSMC estimates losses of US$92.4 million due to Taiwan earthquake

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

US: Wall St opens higher as some chip stocks bounce back after selloff

Blackstone reports 1% rise in Q1 earnings

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