Amos Group’s Attributable Loss Widens in Fiscal H2

MT Newswires05-31

Amos Group’s (SGX:RF7) attributable loss to owners for the fiscal second half ended March 31 widened 165% year over year to SG$18.2 million from SG$6.9 million in the year-ago period, a filing with the Singapore Exchange said on Friday.

Loss per share came in at SG$0.0875 compared with SG$0.0366 in the comparable period.

The company’s revenue declined 34% year over year to SG$33.7 million from SG$50.9 million. The company attributed the decline to subdued demand from key customers anticipated at the end of the fiscal first half due to ongoing armed conflicts.

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