Koda Trims Attributable Loss in Fiscal H2 as Revenue Soars 36%; Shares Down 5%

MT Newswires08-28

Koda (SGX:BJZ) trimmed its loss attributable to owners to $2.4 million in the fiscal second half ended June 30, from $3.1 million a year earlier, according to a filing with the Singapore Exchange on Tuesday.

Loss per share came in at $0.0293 per share, compared with $0.0376 per share in the year-ago period.

Revenue was up 36% year over year to $25.6 million from $18.9 million, thanks to higher export sales in the US market.

Shares of the company slumped nearly 5% in recent trading.

Price (SGD): S$0.21, Change: S$-0.010, Percent Change: -4.55%

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