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Sunright shrinks net loss by more than half to $570,000

Published on Mar 13, 2014 9:35 PM

Sunright narrowed its half year net loss to $570,000 from $3.4 million.

The firm, which provides services to the semiconductor industry, said its turnover fell by 5 per cent to $43.9 million for the six months to Jan 31.

The fall was attributed to weaker demand across all business segments.

Loss per share shrank to half a cent from 2.8 cents previously while net asset value per share slipped to 58 cents compared to 59.6 cents as at July 31 last year.

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