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Synagie sinks deeper in the red with S$3.4m loss for H1 despite revenue doubling

Loss attributed to higher administrative costs, one-off expenses

Published Thu, Sep 13, 2018 · 09:50 PM
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Singapore

HOMEGROWN e-commerce player Synagie Corporation has sunk deeper into the red, posting a net loss of S$3.4 million for the half year ended June 30, 2018, from a net loss of S$1.2 million in the year-ago period.

Therefore, loss per share deepened to 1.31 Singapore cents, from a loss per share of 0.44 Singapore cent in the year-ago period.

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