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XMH sinks into the red with 3Q loss of $1.2 mil

Stanislaus Jude Chan
Stanislaus Jude Chan • 2 min read
XMH sinks into the red with 3Q loss of $1.2 mil
SINGAPORE (Mar 8): XMH Holdings sank to a loss of $1.2 million for the 3Q ended January, compared to earnings of $0.8 million a year ago.
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SINGAPORE (Mar 8): XMH Holdings sank to a loss of $1.2 million for the 3Q ended January, compared to earnings of $0.8 million a year ago.

Revenue fell 28.1% to $14.1 million in 3Q18, from $19.5 million a year ago.

This was due to lower revenue recorded by both Distribution and Project business segments, as a result of a delay in commencement of projects.

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