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Vividthree posts wider loss despite higher revenue, sees pick up in business

The Edge Singapore
The Edge Singapore • 1 min read
Vividthree posts wider loss despite higher revenue, sees pick up in business
Company MD Charles Yeo says there are signs of recovery in its post-production segment. / Photo: Samuel Isaac Chua
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Vividthree Holdings has reported a wider loss despite higher revenue for FY2022 ended March 31.

The company, which is in digital production, generated higher sales from post-production work. It also managed to record a reversal of expected credit losses.

However, it did not enjoy the same level of government grants. Its bottomline was also weighed down by inventory write-down. It incurred higher staff costs too as it reinstated pay cuts.

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