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

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.

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