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Sitra Holdings H1 loss narrows YOY

4912087 said its first-half normalized net income amounted to a loss of S$131,130, compared with a loss of S$964,250 in the year-earlier period.

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

Total revenue climbed 24.0% year over year to S$9.3 million from S$7.5 million, and total operating expenses climbed 12.3% on an annual basis to S$9.5 million from S$8.4 million.

Reported net income totaled a loss of S$223,000, or a loss of 0 cents per share, compared to a loss of S$1.6 million, or a loss of 0 cents per share, in the prior-year period.

s of Aug. 12, US$1 was equivalent to S$1.34.Sitra Holdings (International) Ltd.

4912087 said its first-half normalized net income amounted to a loss of S$131,130, compared with a loss of S$964,250 in the year-earlier period.