Asia-Pacific Strategic Investments' Loss Attributable Trims 55% in Fiscal H2; Shares Surge 100%

MT Newswires08-27

Asia-Pacific Strategic Investments' (SGX:5RA) loss attributable to equity holders was down 55% year over year to SG$895,000 in the six months ended June 30, from an attributable loss of SG$2.0 million, a filing with the Singapore Exchange said on Monday.

Loss per share from continuing operations came in at SG$0.00005 per share from SG$0.0001 per share in the year-ago period.

The company did not report any revenue from continuing operations in Fiscal H2 since the group had disposed of its hospitality segment in the fiscal year ended June 30, 2023.

Shares of the real estate developer surged 100% in recent trading.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment