Corporate digest

Addvalue Technologies

NET loss for mainboard-listed Addvalue Technologies narrowed to US$639,000 for Q2 ended Sept 30, from a loss of US$921,000 a year ago. This was largely thanks to revenue tripling to US$1.1 million from US$356,000 a year ago. The higher turnover came on the back of an increase in design income from several design projects, the design-cum-supply of software defined radio communication devices, and the supply of one unit of its inter-satellite data relay system during the quarter.

AVIC Intl Maritime Holdings