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Sino-Global Shipping America Q3 Loss Widens

Sino-Global Shipping America Ltd. (SINO) posted third-quarter net loss attributable to the company of $477 thousand or $0.16 per share, wider than 153 thousand or $0.05 per share in the previous year quarter.

Total revenues for the quarter rose 0.49 percent to $9.11 million from $9.07 million in the same quarter last year.

For nine months, net loss attributable to the company widened to $1.5 million or $0.53 per share from $409 thousand or $0.14 per share in the year-ago period.

Total revenues for the period was $25.73 million, down 2.30 percent from $26.33 million last year.

by RTTNews Staff Writer

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