Sunright Turns to Profit in Fiscal H2

MT Newswires

2024-09-30

Sunright (SGX:S71) booked a profit attributable to owners of the company of SG$5.0 million in the six months ended July 31, rebounding from an attributable loss of SG$1.8 million in the year-ago period, a filing with the Singapore Exchange said on Friday.

Basic earnings per share in the fiscal second half came in at SG$0.041, compared with loss per share of SG$0.014 in the comparable period.

Revenue was down 11% year over year to SG$39.5 million from SG$44.5 million, mainly due to lower demand for equipment and services.

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