Baker Technology Expects Swing to Loss in H1; Shares Down 4%

MT Newswires

06/17

Baker Technology (SGX:BTP) expects to book a net loss for the first half of the year compared with a net profit a year earlier, according to a filing with the Singapore Exchange on Monday.

The company attributed the anticipated loss to lower revenue, the filing said.

Baker Technology will release its results on or before Aug. 14.

Shares of the company were down over 4% in recent trading.

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