Ascent Bridgeâs (SGX:AWG) net loss was down 60% year over year to SG$1.7 million from SG$4.2 million in fiscal H2, as travel retail segment recovered, according to a filing with the Singapore Exchange on Thursday.
Loss per share came in at SG$0.0195 from SG$0.483 in the comparable period.
Revenue was down 54% year over year to SG$1.6 million from SG$3.4 million. The decrease in revenue was mainly due to a loss of sales amid aggressive pricing moves by competitors.
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