Sakae Holdings FY16 losses widen to $13.1 mil

SINGAPORE (March 2): Sakae Holdings saw 4Q losses widen 5.1% to $4.9 million from $4.7 million a year ago, led by higher other operating expenses.

For FY16, losses widened to $13.1 million from $4.6 million while revenue fell 10.1% to $86.4 million.