Mary Chia Trims Losses in Fiscal Q1 as Revenue Surges

MT Newswires ·  {{timeTz}}

12:47 AM EDT, 10/01/2021 (MT Newswires) -- Mary Chia's (SGX:5OX) loss attributable to equity holders narrowed marginally to SG$29,000 ($21.324) in the fiscal first quarter ended June 30, from SG$288,000 in the year-ago period.

Loss per share attributable to the owners went down to SG$0.0001 from SG$0.0015 a year earlier, according to a late Thursday bourse disclosure.

Revenue for fiscal Q1 soared to SG$3.7 million from SG$848,000 the company booked a year ago, mainly due to the contribution from the Monsoon Hairdressing group of companies, which was acquired in November last year, and increase in revenue from beauty, slimming and spa treatment services.

The lifestyle and wellness company did not declare any dividend for the reporting period.

Price (SGD): S$0.05, Change: S$0.00, Percent Change: 0.00%

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