Seatech Ventures Corp   (SEAV)
Other Ticker:  
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services
Price: $0.1060 $0.00 0.000%
Day's High: $0.106 Week Perf: -0.09 %
Day's Low: $ 0.11 30 Day Perf: -52.68 %
Volume (M): 0 52 Wk High: $ 0.82
Volume (M$): $ 0 52 Wk Avg: $0.23
Open: $0.11 52 Wk Low: $0.01

 Market Capitalization (Millions $) 10
 Shares Outstanding (Millions) 93
 Employees -
 Revenues (TTM) (Millions $) 0
 Net Income (TTM) (Millions $) 0
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Seatech Ventures Corp
Seatech Ventures Corp is a company that specializes in venture capital investments in the technology and innovation sector. They provide funding and support to start-ups and early-stage companies with promising ideas and potential for growth. Seatech Ventures Corp aims to identify and invest in disruptive technologies and business models, helping these companies bring their products and services to market. They provide strategic guidance, mentorship, and networking opportunities to their portfolio companies, contributing to their success and long-term development.

   Company Address: 11-05 & 11-06, Tower A Kuala Lumpur 59200
   Company Phone Number: 8408 1788   Stock Exchange / Ticker: SEAV


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Seatech Ventures Corp

Seatech Ventures Corp Faces Critical Three Months as Revenue Plummets in Q2 2023

Seatech Ventures Corp (SEAV) Reports Balanced Books for Q2 2023, Revenue Drops Sharply
Seatech Ventures Corp (SEAV) recently announced its financial results for the second quarter of 2023. The company recorded balanced books with no earnings per share, which was consistent with the previous year and the preceding quarter. While this may seem like a positive outcome, the company faced challenges with a significant decline in revenue.
In comparison to the same quarter in the previous year, SEAV's revenue dropped sharply by 68.644%, from $0.32 million to $0.10 million. Additionally, the company experienced a sequential decline of 32.203% from $0.15 million in the previous quarter. This decline is concerning and raises questions about the company's ability to generate consistent revenue.

Seatech Ventures Corp

Professional Services Company Observes Net Loss, but Operating Earnings Surge by 55.64%

Seatech Ventures Corp, a professional services company, recently announced its financial results for the first quarter of 2023. While the company achieved break-even per share, the net loss amounted to $-0.007 million, a deviation from the same quarter the previous year.
Despite the net loss, operating earnings grew by 55.64% to $0.031195 million, which is certainly a positive sign for the company. Furthermore, revenue increased by a staggering 836.709% from $0.02 million in the previous quarter to $0.00 per share. However, it's important to note that the starting point for revenue was quite low given the previous quarter's results.


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