Versalink Narrows Attributable Loss for Six Months Ended Aug. 31

MT Newswires
2024-10-16

Versalink's (SGX:40N) loss attributable to owners narrowed 63% year over year to 671,000 ringgit for the six months ended Aug. 31 from 1.8 million ringgit, according to a filing with the Singapore Exchange on Tuesday.

Loss per share came in at 0.0051 ringgit from 0.0133 ringgit in the comparable period.

The furniture maker's revenue was up 5% year over year to 20.6 million ringgit from 19.6 million ringgit, mainly due to improved performance from the domestic segment and increased demand in office furniture spending in Malaysia.

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