Isetan's H1 Loss Shrinks 81% Despite Revenue Drop

MT Newswires08-05

Isetan (SGX:I150) trimmed its attributable loss to equity holders in the first half of 2024 by 81.5% to SG$126,000 from SG$681,000 in the year-ago period, a filing with the Singapore Exchange said on Sunday.

Loss per share came in at SG$0.003 from SG$0.0165 in the comparable period.

The company's revenue was down 9% year over year to SG$37.4 million from SG$41.1 million. The overall decrease was due to lower sales of goods and consignment income from the retail segment.

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