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MeGroup Swings to Loss in Fiscal H2

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MeGroup (SGX:SJY) booked a loss attributable to equity holders of 2.1 million Malaysian ringgit in the fiscal second half ended March 31, against an attributable profit of 1.0 million ringgit a year earlier, according to a Tuesday filing with the Singapore Exchange.

Loss per share came in at 0.0177 ringgit compared with earnings per share of 0.0085 ringgit in the year-ago period.

Revenue declined 15% year over year to 168.5 million ringgit from 199.2 million ringgit.

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