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China Kunda Technology H1 Loss Narrows On Sales Growth

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

China Kunda Technology Holdings Ltd. (GU5.SI) posted a narrower first-half loss, mainly reflecting a 39.2 per cent increase in sales.

Loss for the period attributable to owners of the Company shrank to HK$3.03 million from HK$4.61 million in the prior year.

On a per share basis loss narrowed to HK 0.74 cents from HK 1.13 cents last year.

Revenue climbed to HK$28.60 million from HK$20.55 million a year ago, mainly attributed to the increase in sales of IMD and plastic injection parts to the energy storage industry customers.

In the SES, the shares had closed 10% lower at 0.02 SG$.

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