Electrical and mechanical engineering company Shun Cheong Holdings has seen net losses widen further to $8.05 million in the past financial year, from $3.81 million, driven down by a $5.27 million exceptional charge. This was despite turnover growing to $396.39 million, from $306.08 million. Losses per share doubled to 3.1 cents from 1.5 cents, while operating losses decreased to $1.53 million, from $12.74 million. No final dividend was declared.
