Versalink Holdings

Results

Versalink reverses into $0.6 mil profit for 1HFY2023

Shares in Versalink closed 3 cents higher or 37.04% up at 11.1 cents on Oct 13.

Company in the news

Versalink sells 34%-owned associate’s assets for $1.1 mil

Versalink is estimated to record a net gain of approximately RM371,000 on the sale.

Property

Versalink disposes of property for $13.0 mil

Following the sale, Versalink will record a net gain of RM22.0 million.
Versalink Holdings

Results

Versalink’s 1H earnings fall 20.5% to $0.9 mil

SINGAPORE (Oct 13): Malaysia-based furniture manufacturer Versalink Holdings posted a 20.5% y-o-y fall in earnings to RM2.6 million ($854,000) in 1H17, compared to earnings of RM3.2 million in the same period last year.
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