trending Market Intelligence /marketintelligence/en/news-insights/trending/M1vCTwW1avFYOevErbJEgg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

HL Global Enterprises Q2 loss widens YOY

Blog

So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?

Blog

Industry Top Trends 2021: Oil and Gas

Blog

Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Industry Top Trends 2021: Metals and Mining


HL Global Enterprises Q2 loss widens YOY

HL Global Enterprises Ltd said its second-quarter normalized net income came to a loss of S$658,750, compared with a loss of S$219,380 in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin fell to negative 20.3% from negative 15.5% in the year-earlier period.

Total revenue increased year over year to S$3.2 million from S$1.4 million, and total operating expenses increased 99.5% year over year to S$2.9 million from S$1.5 million.

Reported net income came to a loss of S$1.2 million, or a loss of 1 cents per share, compared to a loss of S$470,000, or a loss of 1 cents per share, in the year-earlier period.

As of Aug. 6, US$1 was equivalent to S$1.39.