HKG:3928

2 stories mentioning HKG:3928Updated 35d ago

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China Next-Gen Commerce Slides to Losses in Fiscal H1; Shares Drop 7%

China Next-Gen Commerce and Supply Chain (HKG:3928) recorded SG$5.6 million in attributable loss for the fiscal first half ended March 31, sliding from a profit of SG$413,129 a year earlier, according to a Friday filing with the Hong Kong bourse.Loss per share was SG$0.0115, compared with SG$0.0009 in the prior-year period.Revenue fell to SG$16.3 million from SG$32 million a year earlier.Shares of the construction company fell over 7% in morning trade Monday.

HKG:3928

Asia53d ago

China Next-Gen Commerce Flags Fiscal H1 Loss

China Next-Gen Commerce and Supply Chain (HKG:3928) said it expects up to SG$6 million in net loss for the fical half ended March 31, sliding from a profit of SG$410,000 a year earlier, according to a Wednesday filing with the Hong Kong bourse.The Singaporean construction services and property investment company's shares gained nearly 2% in morning trade Thursday.The firm attributed the loss to "significant cost overruns" on a one-off wharf demolition project in Singapore, among other things.The company's interim results are due on May 29.

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