Annica Trims Attributable Loss in Q1

MT Newswires
05-07

Annica (SGX:5AL) trimmed its attributable loss in the first quarter of the year by 98% to SG$10,000 from SG$420,000 a year earlier, according to a Tuesday filing with the Singapore Exchange.

Loss per share trimmed to SG$0.0000001 compared with SG$0.000025 in the comparable period.

Revenue jumped 63% year over year to SG$2.9 million from SG$1.7 million, mainly due to increased contributions from integrated engineering solutions segment and the renewable segment.

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