The Business Times
business-time-50

Datapulse records 3 straight years of losses, at risk of joining SGX’s watch list

google-preferred-sourceAdd BT as a preferred source

Helene Tian

Published Mon, May 23, 2022 · 08:29 AM
    • Datapulse will be at risk of being under SGX's watch list.
    • Datapulse will be at risk of being under SGX's watch list. PHOTO: PIXABAY

    DATAPULSE Technology on Monday (May 23) gave notice that it recorded 3 consecutive years of pre-tax losses, based on its audited full-year consolidated accounts.

    The company, which is principally involved in the media storage business, said its latest 6-month average daily market capitalisation was at S$22.1 million as of Friday. 

    A company will be included in the watch list if it records pre-tax losses for the 3 most recently-completed consecutive financial years, and has an average daily market capitalisation of below S$40 million over the last 6 months.

    The counter closed flat at S$0.085 on Friday.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    datapulse techFinancial results

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    Traffic through the strait has been resuming but with interruptions, and there is still little clarity over a permanent solution for passages through the chokepoint.

    Qatari LNG ship struck in Strait of Hormuz, testing US talks

    This comes after a Citi note on Tuesday that lifted target prices for all Singapore banks, with a leading preference and “buy” call for DBS.

    DBS shares rise 1.9% to hit all-time intraday high as sentiment improves

    Aster deputy CEO Andre Khor, citing the age of the “polycrisis”, says: “It’s very important to be agile, to be focused on execution… We don’t know all the answers but we keep going forward.”

    ‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis

    Singapore ranks as the world’s most expensive city for cars and placed third globally for residential property.

    Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More