SunMoonFood *Official* (SGX: AAJ)

[Jupiter2017]

SunMoonFood *Official* (SGX: AAJ)
Creating a new thread since cannot find existing thread.

 

[Jupiter2017]

http://www.businesstimes.com.sg/companies-markets/sunmoon-food-posts-narrower-loss-of-s417000-for-q2
SunMoon Food posts narrower loss of S$417,000 for Q2
Tue, Nov 14, 2017 - 8:32 AM Anita Gabriel anitag@sph.com.sg

SUNMOON Food Company reported a net loss of S$417,000 for the three months to September, improving from a net loss of S$1.6 million a year ago.
Revenue rose 24.2 per cent to S$9.9 million from S$8 million led mainly by the increase in sales to Shanghai YiGuo E-Commence Co which accounted for 58 per cent of total revenue.
SunMoon made a loss per share of 0.1541 Singapore cent versus a loss of 0.3149 Singapore cent a year ago.
No dividend was declared.
For the half-year period, it posted a net loss of S$914,000 on the back of a 31 per cent improvement in revenue to S$16.1 million.

** price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=AAJ.SI

 

[TehBeng]

This counter only hype for awhile last year because of yiguo placement, and then bleed out to the great wall of seller.

Whenever they hit 0.10x, next moment drop back to 0.095.

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...y-from-rt-cites-growing-geographical-presence
SunMoon changing auditor to EY from RT; cites growing geographical presence
Fri, Nov 17, 2017 - 8:01 AM Kenneth Lim kenlim@sph.com.sg

SUNMOON Food Co is changing its auditor to Ernst & Young (EY) from RT, citing the desire to obtain fresh perspectives, to support its larger geographical presence and to improve reporting efficiency.
The change was made at the recommendation of the board's audit and risk committee, said SunMoon, a supplier of fruit products and fresh fruits.
The company declared that there were no disagreements with RT on accounting treatments within the past 12 months.
RT has sought and received approval from the Accounting and Corporate Regulatory Authority of Singapore to resign as the company's auditor.
SunMoon will convene a shareholders' meeting to seek approval for the change of auditor.

Price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=AAJ.SI

 

[Jupiter2017]

http://www.businesstimes.com.sg/companies-markets/sunmoon-food-in-the-red-in-q3
SunMoon Food in the red in Q3
Thu, Feb 08, 2018 - 9:14 PM Vivien Shiao vshiao@sph.com.sg

SUNMOON Food Company posted a loss of S$1.25 million for the third quarter ended Dec 31, down from a profit of S$5.3 million a year ago.
Revenue jumped to S$10.8 million from S$1.3 million previously, mainly due to the increase in sales to Shanghai YiGuo E-Commerce.
YiGuo E-Commerce sources various products globally, including fruit, vegetables, seafood, meat, poultry & eggs, pastries and beverages, and desserts.
Loss per share stood at 0.17 Singapore cent for the quarter, down from earnings per share of 1.42 cents a year ago. No dividend was declared for the quarter.
In its outlook, the group said that the operating environment remains challenging and competitive.
It added that it will step up its brand-building and marketing efforts in its existing and new markets for its fresh and processed fruit products. It will also focus on improving its overall sourcing of products from global markets and improving margins by dealing with higher value-added products, said the group.

price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=AAJ.SI