OIO Holdings Narrows Attributable Loss in Q2

MT Newswires
Aug 07

OIO Holdings (SGX:KUX) narrowed its attributable loss in the second quarter of the year to SG$200,199 from SG$1.3 million a year earlier, according to a Thursday filing with the Singapore Exchange.

Loss per share narrowed to SG$0.0009 compared with SG$0.0068 in the comparable period.

Revenue declined 48% year over year to SG$78.0 million from SG$150.2 million, mainly due to lower digital wallets and staking services income.

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