New Silkroutes Trims Attributable Loss in Fiscal Q4

MT Newswires

2024/12/31

New Silkroutes' (SGX:BMT) loss attributable to owners was down 91% in fiscal Q4 to SG$831,000 from SG$9.7 million a year earlier, according to a filing with the Singapore Exchange on Monday.

Loss per share came in at SG$0.004 compared to SG$0.0454 in the comparable period.

The company reported nil revenue for the period, compared to a revenue of SG$2.8 million in the year-ago period.

This was due to the disposal of medical and dental clinics in the previous financial year and lack of revenue generated by newly-acquired subsidiaries.

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