Powermatic Data Systems Swings to Attributable Loss in Fiscal H2; Shares Down 4%

MT Newswires05-28

Powermatic (SGX:BCY) booked an attributable loss to owners of SG$2.9 million for six months ended March 31, compared with an attributable profit of SG$3.8 million in the year-ago period, a filing with the Singapore Exchange said on Monday.

The companyâs loss per share came in at SG$0.0843, compared with earnings per share of SG$0.109 in the comparable period.

Revenue for the fiscal H2 fell 17% year over year to SG$10.4 million from SG$12.6 million.

Shares of the company were down 4% in recent trading.

Price (SGD): S$2.99, Change: S$-0.11, Percent Change: -3.55%

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