Asiatic Group Swings to Loss in Fiscal Q4

MT Newswires

05/26

Asiatic Group (SGX:5CR) posted a loss attributable to equity holders of SG$25.7 million in the fiscal fourth quarter, compared with an attributable profit of SG$939,000 a year earlier, according to a Tuesday filing with the Singapore bourse.

Loss per share came in at SG$0.0078 in the quarter ended March 31, versus earnings per share of 0.0003 a year earlier.

The engineering management specialist's revenue slid 15% year over year to SG$6, the filing said.

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