GCCP Resources Posts Wider Attributable Loss in Q3; Shares Surge 25%

MT Newswires

11/11

GCCP Resources (SGX:41T) booked a slightly higher attributable loss to owners of 2.5 million ringgit, wider than the loss of 2.4 million ringgit a year earlier, according to a Monday filing with the Singapore Exchange.

Shares of the company surged over 25% in Tuesday's trading.

Loss per share came in at 0.0016 ringgit compared with a loss of 0.0018 ringgit in the comparable period.

Revenue declined 32% year over year to 297,000 ringgit from 436,000 ringgit.

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