Creative posts net loss of US$2.66m in Q4
Creative Technology recorded a net loss of US$2.66 million in the financial fourth quarter ending June 30, which was 22 per cent less than the US$3.38 million it posted one year ago. Revenue for the quarter was down 8 per cent to US$21.16 million from US$23.05 million, one year ago.
Net loss for the full year was US$33.39 million which was 53 per cent higher compared to a net loss of US$21.77 million in fiscal 2014. This came on the back of a 14 per cent decrease in full year revenue to US$99.48 million from US$116.33 million one year ago.
Loss attributable to shareholders of the company was 4 US cents per share in the fourth quarter of fiscal 2015 compared to 5 US cents one year ago. For full year fiscal 2015 the loss per share was 47 US cents compared to 31 US cents one year ago.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Middle East violence heightens market fears of rate hikes, inflation
Tokyo's Nikkei drops more than 1,000 points, most in 3 years
Cordlife calls for trading halt after shares sink to all-time low, pending announcement
Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece
Inside TSMC chairman Mark Liu's short but impactful reign
CSE Global bags US$36.5 million data centre contract extension