Edition:
United States

Creative Technology Ltd (CREAY.PK)

CREAY.PK on OTC Markets Group - US Other OTC and Grey Market

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Latest Key Developments (Source: Significant Developments)

Creative Technology Ltd posts Qtrly net profit ‍attributable of $22.8 mln
Thursday, 19 Oct 2017 07:13am EDT 

Oct 19 (Reuters) - Creative Technology Ltd :Qtrly sales $16.1 million versus $17.3 mln‍​.Qtrly net profit ‍attributable $22.8 million versus loss of $6.2 million ​.  Full Article

Creative Technology updates on legal proceedings against Huawei
Friday, 15 Sep 2017 06:20am EDT 

Sept 15 (Reuters) - Creative Technology Ltd :Parties appeal judgment in legal proceedings against Huawei.Huawei has filed appeal to singapore court of appeal against most of orders made in judgment.Refers to legal proceedings initiated by Co and Qmax Communications Pte Ltd against Huawei International.  Full Article

Creative Technology says qtrly net loss $5.5 million
Thursday, 24 Aug 2017 07:18am EDT 

Aug 24 (Reuters) - Creative Technology Ltd :Qtrly net loss $5.5 million versus profit of $535,000.Qtrly net sales $14.5 million, down 15 percent.  Full Article

Creative Technology says court held Huawei liable for misrepresentation
Wednesday, 16 Aug 2017 04:01am EDT 

Aug 16 (Reuters) - Creative Technology Ltd ::Court held that Huawei was liable for misrepresentation and was grossly negligent.Refers to announcement with regard to legal proceedings initiated by company and its subsidiary QMAX Communications Pte Ltd.Huawei's counterclaim for wrongful rescission and/or termination was dismissed, costs of legal proceedings were awarded to company and QMAX..Court ordered Huawei to pay company and QMAX approximate sums of US$9.3 million and S$15.6 million with interest.  Full Article

BRIEF-Creative Technology Ltd posts Qtrly net profit ‍attributable of $22.8 mln

* Qtrly net profit ‍attributable $22.8 million versus loss of $6.2 million ​ Source text for Eikon: Further company coverage:

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