This was due to the uncertain and difficult market conditions which continued to affect the sales of the group’s products.
As at end March, cash and cash equivalents stood at US$115.2 million.
Looking ahead, the group says it expects no significant change in the market conditions, and expects to report an operating loss in 4Q18.
Shares of Creative closed 16 cents higher, or up 2.8%, at $5.85 on Thursday.
