MAINBOARD-listed Stamford Tyres on Monday posted a net loss of S$4 million for FY20, reversing from a humble profit of S$474,000 a year ago.

MAINBOARD-listed Stamford Tyres said in a regulatory update on Thursday evening that it is expecting to book a net loss for FY2020 ended April following a preliminary review of its draft unaudited financial results. 

THE following companies saw new developments that may affect trading of their shares on Friday:

DESPITE cutting expenditure, Stamford Tyres' revenue for the second quarter did not manage to cover costs, causing the mainboard-listed tyre and wheel distributor to sink into the red.

THE following companies saw new developments that may affect trading of their shares on Tuesday:

STAMFORD Tyres on Tuesday evening warned of a net loss for the second quarter and half year ended Oct 31, 2019, based on a preliminary review of its draft unaudited financial results.

STAMFORD Tyres posted a net profit increase of 12.5 per cent to S$126,000 for the first quarter ended July 31, 2019.

SINGAPORE (Mar 11): Stamford Tyres announced 3Q19 earnings declined by 97.90% to $20,000, compared to $953,000 in 3Q18. This brings 9M19 earnings to $151,000, 96.64% lower than $4.50 million in 9M18. Total revenue for the quarter was 14.21% lower at $54.1 million from $63.1 million a year ago. The ...

MAINBOARD-LISTED Stamford Tyres Corp ran a flat in the third quarter, with its earnings nearly wiped out on business costs and joint ventures' showings, according to unaudited results out on Monday.