ASTI Holdings Returns to Profit in Q1
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ASTI Holdings booked an attributable profit of SG$38,000 in the first half of the year, against an attributable loss of SG$1.7 million a year earlier, according to a filing with the Singapore Exchange on Saturday. The company logged earnings per share of SG$0.0001 compared with a loss per share of SG$0.001 in the comparable period. Revenue declined 7% year over year to SG$81 million from SG$8.7 million, as the semiconductor industry slowed down and the company lost a client following the expiration of a customer contract.
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