1Q18 revenue dipped slightly by 1% to $13.2 million, even as cost of sales rose 5% to $11.2 million.
SINGAPORE (May 16): CGS-CIMB Securities is keeping its “add” recommendation on Jadason Enterprises, despite an abysmal 1Q which saw earnings come in at 0.6% of the brokerage’s full-year forecast.
Jadason saw its earnings plunge 93% to $21,000 for 1Q18, from $0.3 million a year ago.
