Datapulse Reports Strong Turnaround, Eyes Watch-list Exit

Datapulse Technology Limited (SG:BKW) has released an update.

Datapulse Technology Limited, currently on the Singapore Exchange watch-list, has shown a notable turnaround with a 77% revenue increase to $5.3 million in 3Q FY2024, largely thanks to the boom in tourism following relaxed travel restrictions and the global rise in popularity of Korean culture. The company has also reported a profit after tax of $0.5 million, a significant improvement from the previous year’s loss. Moving forward, Datapulse aims to continue enhancing hotel revenues and strategies to meet the SGX-ST’s financial exit criteria for watch-list removal.

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