Addvalue Technologies narrowed its third-quarter net loss to US$580,000 from US$1.2 million a year earlier as it cut its expenses while raising sales, the satellite communications company announced late Thursday. Read more at The Business Times.
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Courts Asia swings to Q3 net loss of S$171,000MAINBOARD-LISTED Courts Asia posted a net loss of S$171,000 for its third quarter ended Dec 31, compared to a net profit of S$3.51 million for the same period a year ago, on the back of lower gross profit margins and revenue as well as higher income tax expenses. Read more at The Business Times.
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HPH Trust posts Q4 net loss of HK$12.11b on recognition of impairment lossesTHE recognition of non-cash impairment losses of HK$12.29 billion (S$2.12 billion) in the fourth quarter heavily dampened results for Hutchison Port Holdings Trust (HPH Trust) for the three months ended Dec 31, 2018. Read more at The Business Times.
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YuuZoo narrows Q4 loss to S$3.1m; trading remains suspendedYUUZOO Networks Group Corp - previously known as YuuZoo Corp - narrowed its fourth-quarter losses mainly due to the absence of amortisation costs and the impairment of assets available for sale, according to unaudited financial results released late on Thursday night. Read more at The Business Times.
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SIA Q3 net profit dips 27%NATIONAL carrier Singapore Airlines on Thursday posted a 27 per cent drop in net profit for the third quarter to S$284 million from a restated S$389.3 million a year ago on the back of weaker operating profit that was exacerbated by share of losses in the group's joint ventures, namely NokScoot. Read more at The Business Times.
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Bukit Sembawang posts Q3 net profit of S$44.6m on higher profit recognition, salesHIGHER sales and higher profit recognition on more development projects lifted property developer Bukit Sembawang Estates' financials for the third quarter ended Dec 31. Read more at The Business Times.
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USP Group sinks into the red for Q3 with S$380,000 lossMAINBOARD-LISTED USP Group has reported a net loss of S$380,000 for the third quarter ended Dec 31, 2018, from a net profit of S$806,000 a year ago. Loss per share was at 0.48 Singapore cent, compared to earnings per share of 1.07 Singapore cents a year earlier. Read more at The Business Times.
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SunMoon Q3 loss widens to S$1.85mA CHALLENGING and competitive operating environment continues to plague SunMoon Food Company, as it saw a net loss of S$1.85 million for the third quarter, widening its S$1.29 million loss from a year ago. Loss per share for Q3 stood at 0.2591 Singapore cent, versus 0.1788 Singapore cent last year. Read more at The Business Times.
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Amos Group, formerly Gaylin Holdings, widens Q3 loss to S$6.3mA NON-RECURRING acquisition and restructuring cost of S$3 million took a toll on Amos Group's third quarter results, even as revenue more than doubled. Read more at The Business Times.
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Yoma Strategic swings to S$4.9m loss for Q3MAINBOARD-listed Yoma Strategic Holdings sank to a net loss of S$4.9 million for the third quarter ending Dec 31, from net profit of S$16.8 million for the year-ago period, the Myanmar-focused company reported on Tuesday morning. Read more at The Business Times.
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