Amcorp Global Returns to Profit in Fiscal H2

MT Newswires

05-27

Amcorp Global (SGX:S9B) booked an attributable profit to the owners of SG$5.6 million during fiscal H2, against an attributable loss of SG$14.0 million a year earlier, according to a Monday filing with the Singapore Exchange.

Attributable earnings per share came in at SG$0.0126 compared with a loss per share of SG$0.0314 in the comparable period.

Sales declined 95% year over year to SG$2.9 million from SG$53.6 million, due to lower interest rates on bank borrowings.

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