World Precision Machinery's Attributable Loss Widens in Q3

MT Newswires

2024/11/12

World Precision Machinery's (SGX:B49) loss attributable to owners of the company widened to 18.4 million yuan in the third quarter of the year from 1.5 million yuan in the year-ago period, a filing with the Singapore Exchange said on Monday.

Loss per share came in at 0.0459 yuan compared to 0.0036 yuan in the comparable period.

Revenue was down nearly 30% year over year to 163.2 million yuan from 231.5 million yuan, as sales of high performance and high tonnage stamping machines declined.

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