LY Corporation

Results

LY Corp sinks to 1Q losses of $0.9 mil on one-off IPO expenses

SINGAPORE (May 11): LY Corporation, the Malaysian-based manufacturer and exporter of wooden bedroom furniture, has posted losses of 2.8 million ringgit ($0.9 million) for the 1Q ended March, compared to earnings of 10.4 million ringgit a year ago.

Flashback

Flashback: LY Corp to be listed on Catalist; promises special dividend, China expansion

This article first appeared in Issue 815 (Jan 29) of The Edge Singapore

Broker's Calls

Promise of higher dividends mitigate currency risk for LY Corp, says NRA Capital

SINGAPORE (Jan 30): NRA Capital likes LY Corporation, the original design manufacturer of wooden bedroom furniture, for what it sees as a positive mix of growth and dividend plans to come.
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