K1 Ventures sinks into the red for Q3
Published Mon, Apr 24, 2017 · 02:09 PM
K1 Ventures sank into the red with a loss of S$2.11 million for the third quarter ended March 31, 2017, versus a profit of S$34.96 million a year ago.
Revenue fell nearly 94 per cent to S$3.37 million as the corresponding quarter a year ago benefited from investment income of S$48.5 million from Knowledge Universe Holdings (KUH).
Loss per share came to 0.49 cent, compared to earnings per share of 8.07 cents a year ago.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Singapore shares climb at Friday’s open; STI up 0.2%
A timeline of DBS’ recent banking glitches
Keppel Infrastructure Trust posts 29.1% lower Q1 distributable income
Elite Commercial Reit’s Q1 DPU down 21.2% to £0.0067
Airbus called for compensation to take on money-losing Spirit operations: sources
Olam outbids Dreyfus’ sweetened deal for Australia’s Namoi, raises offer to A$0.66 per share