China Kunda Technology's Fiscal H2 Attributable Loss Widens on Lower Plastic Injection Parts Sales

MT Newswires05-30

China Kunda Technology Holdings (SGX:GU5) posted a wider loss attributable to owners in the fiscal second half due to lower sales of in-mold decoration and plastic injection parts to customers in the external energy storage industry, according to a Wednesday filing with the Singapore Exchange.

The engineering product provider's attributable loss was HK$4.9 million, or HK$0.0120 per share, compared with HK$3.5 million, or HK$0.0086 per share, a year earlier.

Revenue for the six months ended March 31 tumbled almost 17% year over year to HK$14.6 million from HK$17.6 million, the filing said.

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