CMC Infocomm Limited Reports Unaudited Consolidated Earnings Results for the Half Year Ended November 30, 2016
January 12, 2017 at 12:31 am IST
CMC Infocomm Limited reported unaudited consolidated earnings results for the half year ended November 30, 2016. For the period, the company reported revenue of SGD 7,741,000 compared to SGD 7,970,000 a year ago. Loss before tax was SGD 460,000 compared to SGD 1,591,000 a year ago. Loss attributable to owners of the company, net of tax was SGD 416,000 compared to SGD 1,591,000 a year ago. Net cash flows used in operating activities were SGD 2,008,000 compared to SGD 476,000 a year ago. Purchase of property, plant and equipment was SGD 145,000 compared to SGD 127,000 a year ago. Basic and diluted loss per share was 0.27 cent compared to 1.11 cents a year ago. The lower revenue was mainly due to lower revenue contribution from Outdoor Construction ("OC") projects in Singapore.