I-Control Holdings (HKG:1402) recorded a loss attributable to owners of HK$16.6 million for the six months ended Sept. 30, up from HK$2.7 million a year ago.
Loss per share climbed to HK$0.0158 from HK$0.0026 a year earlier, according to a Friday filing with the Hong Kong Exchange.
The IT service management company's revenue was HK$63.1 million, down 9.5% from HK$69.8 million a year ago.
The company attributed the lower revenue to market competition and decreased projects and orders completed.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.