Emerging Towns & Cities (SGX:1C0) narrowed its attributable loss to owners during the first quarter of the year to SG$737,000 from SG$2.5 million a year earlier, according to a Friday filing with the Singapore Exchange.
Shares of the real estate firm were down nearly 5% in Monday trading.
Loss per share came in at SG$0.0008 compared with SG$0.0025 in the year-ago period.
Revenue surged year over year to SG$4.0 million from SG$976,000.