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Far East Orchard's losses widen to $1.9 million in 1HFY21 as Covid-19 rages on

Amala Balakrishner
Amala Balakrishner • 4 min read
Far East Orchard's losses widen to $1.9 million in 1HFY21 as Covid-19 rages on
The group’s net asset value edged down to $2.70, from $2.72 on Dec 30.
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Far East Orchard’s losses deepened to $1.9 million in 1HFY21 ended June, from the $0.9 million registered in the previous year.

On a fully diluted basis, this translates to losses per share of 0.41 cents in 1HFY21, compared to 0.19 cents in the previous year.

With this, the group’s net asset value edged down to $2.70, from $2.72 on Dec 31.

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