Suntar Eco-City placed on SGX watch-list
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
CHINESE pharmaceutical product manufacturer Suntar Eco-City has announced that it will be placed on the Singapore Exchange watch-list with effect from today, after making three consecutive years of losses.
In its latest fiscal year ended Dec 31, 2013, lower profit margins stemming from higher raw material costs led it to report losses of 889,000 yuan (S$183,000), from a 1.2 million yuan loss a year ago.
Revenue fell 17.6 per cent year-on-year to 41.1 million yuan as a result of competitive conditions in the market, it said.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Japan stocks look set for new highs in 2025 on earnings, reform
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
