SINGAPORE (May 11): LY Corporation, the Malaysian-based manufacturer and exporter of wooden bedroom furniture, has posted losses of RM2.8 million (S$0.9 million) for the 1Q ended March, compared to earnings of RM10.4 million a year ago.
This was mainly due to one-off initial public offering (IPO) expenses of RM6.8 million.
1Q18 revenue edged up by 1.8% to RM85.1 million, from RM83.6 million a year ago... (Click here to read the full story)