Creative Technology Reports Three Consecutive Years of Losses

MT Newswires

2024/10/10

Creative Technology (SGX:C76) has reported pre-tax losses for the last three consecutive financial years, according to a Wednesday filing on the Singapore Exchange.

The company's latest six-month average daily market capitalization is SG$91.9 million.

According to Rule 1311(1) of the Listing Manual, the exchange may place the company on a watch-list if it records pre-tax losses for three consecutive years and maintains an average daily market capitalization below SG$40 million.

Shares of the company were down over 7% in morning trade Thursday.

Price (SGD): S$1.18, Change: S$-0.10, Percent Change: -7.81%

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