Koda Returns to Profit in Fiscal H2; Shares Down Nearly 7%

MT Newswires

08/28

Koda (SGX:BJZ) booked an attributable profit to owners of $131,000 in the fiscal second half ended June 30, against an attributable loss of $2.2 million a year earlier, according to a Wednesday filing with the Singapore Exchange.

Shares of the company were down nearly 7% in Thursday trading.

Earnings per share came in at $0.0016 compared with a loss per share of $0.0262 in the comparable period.

Revenue declined 2.5% year over year to $25.0 million from $25.6 million, mainly due to lower sales to Asia-Pacific.

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