Curatis Holding AG 2020 Annual Report
Company: Curatis Holding AG
Sector: Manufacturing
Country: Switzerland
Year: 2020
Type: Annual Report
Pages: 50
The report states that Perfect Holding sold its former subsidiary Oxygen Aviation Ltd in April 2020, resulting in de-consolidation and a much smaller operating footprint. Consolidated revenue fell to CHF 4.1 million from CHF 17.3 million in 2019, while the Group recorded a net operating loss before interest, taxes and depreciation of CHF 1.1 million. The Board also reported bridge financing and continuing execution risks affecting the Group's going-concern assessment.
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