The group says that within the same period, revenue was generated mainly from duty-free channels.
Currently, the group has established presence in 15 countries and markets and formed partnerships with 16 international airlines in duty free channels. That said, with manpower and cash constraints, the group could not carry on with marketing and promotional activities to boost sales, adds Ascent Bridge .
Shares in Ascent Bridge closed flat at 14.1 cents on Nov 6.