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DeClout posts S$16m loss; outlines plan to return to black

Latest results include S$5.8m impairment on ZiPAY as latter's Indonesian e-money licence still in limbo

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Published Mon, Mar 5, 2018 · 09:50 PM

Singapore

DECLOUT, the Catalist-listed holding company for technology firms, has outlined the steps it plans to take to return to profitability after reporting a net loss of S$16.4 million in 2017.

Speaking to The Business Times on Monday, DeClout's management also cast more light on DeClout's heavy losses.

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