GSS Energy posts 3Q15 earnings of $3.1 million compared to a loss of $967,000 in 3Q14.
The improvement was mainly due to the group’s improved operational processes with higher level of automation as well as from shifting to products with lower material content.
For the three months to September, group revenue inched up 0.7% y-o-y to $17.5 million.
As at end September, the group held cash and cash equivalents of $10.6 million.
Shares in GSS Energy closed flat at 9.5 cents on Nov 13.
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The improvement was mainly due to the group’s improved operational processes with higher level of automation as well as from shifting to products with lower material content.
For the three months to September, group revenue inched up 0.7% y-o-y to $17.5 million.
As at end September, the group held cash and cash equivalents of $10.6 million.
Shares in GSS Energy closed flat at 9.5 cents on Nov 13.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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