Revenue for 4Q17 amounted to US$29.8 million, 3.9% lower than US$31.0 million in 4Q16, mainly attributed to the US$2.0 million reduction from the consolidation of operations in Shenzhen.
SINGAPORE (Mar 1): Global Invacom returned to profitability in the fourth quarter, reporting earnings of US$0.78 million ($1.03 million) in 4Q17 compared to a loss of US$2.4 million in 4Q16.
For the full year, the group which manufactures and distributes in satellite ground equipment, also reported earnings of US$2.9 million compared to a loss of US$2.7 million.
