Cuscapi swings into red in Q2


KUALA LUMPUR: Food and beverage (F&B) solutions provider Cuscapi Bhd posted net losses of RM3.315mil in the second quarter ended June 30, 2014 compared with earnings of RM371,000 a year ago due to lower profit margins.

It said on Thursday it was affected by lower revenue from software sale and costs incurred to conduct pilot for the new REV interactive tablet solutions. However, it remained focused on long-term subscription contracts to build a recurring revenue base.

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