Corporate digest

Plastoform Holdings

THE Hong Kong-based audio speaker maker posted a first-quarter loss of HK$11.2 million (S$1.9 million), and could be on the Singapore Exchange's watch list for breaching profitability requirements after recording its third straight year of losses.

For Q1 2017, it made a loss of HK$15.9 million. For the three months ended March 31, loss per share (LPS) stood at 28 HK cents. LPS in the year-ago period was 39.7 HK cents. Revenue in Q1 2018 increased by 54.8 per cent to HK$18.7 million from a year ago.