difficult market conditions

Covid-19

Market meltdown to persist even as US Fed slashes interest rate to all-time low

As recession risks rise, the Singapore economy is looking at a 0.9% y-o-y contraction for the first quarter as the pandemic continues to spread.

Results

Creative reverses into the red in FY19 on lower sales, absence of settlement from patent lawsuits

SINGAPORE (Aug 22): Creative Technology reversed into the red for FY19 ended June, reporting a net loss of US$3.8 million ($5.3 million), compared to earnings of US$40.4 million in the preceding year.
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