Tritech Group's loss narrows to S$3m in Q3

TRITECH Group posted a net loss of S$3 million for the third quarter ended Dec 31, 2016, faring slightly better than its loss of S$4.8 million one year ago.

Revenue went up 7.8 per cent to S$19 million, mainly due to the increased revenue in the engineering business of S$0.9 million and water-related and environmental business of S$0.5 million.

Loss per share was 0.35 Singapore cents, again an improvement compared to its loss per share of 0.61 cents year-on-year.

No dividends has been declared or recommended for the financial period ended Dec 31, 2016.