Other income dropped by 98% to $0.03 million from $1.31 million in the previous year. In 3Q17, the group had recognised a gain on disposal of an associate amounting to $1.2 million.
SINGAPORE (May 8): Ellipsiz reported a loss of $1.50 million in 3Q18, compared to earnings of $2.25 million in 3Q17.
This was despite the group recording a 23% increase in revenue to $12.5 million from $10.2 million last year, due to revenue improvement from the group’s business in Singapore and Taiwan.
