EcoWise Swings to Loss in Fiscal Q3; Shares Plunge 6%
MT Newswires
Mar 16
EcoWise (SGX:5CT) booked a loss attributable to owners of SG$632,000 in the fiscal third quarter ended Jan. 31, against an attributable profit of SG$190,000 a year earlier, according to a Friday filing with the Singapore Exchange.
Shares of the sustainable solutions company fell nearly 6% in Monday trading.
Loss per share came in at SG$0.00055 compared with earnings per share of SG$0.0002 in the year-ago period.
Revenue slid 17% year over year to SG$6.9 million from SG$8.3 million.
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