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Thakral Corp's 1H18 earnings rise 50% to $4 mil on higher revenue

By Michelle Zhu

/ The Edge Singapore |

August 3, 2018 11:32 AM SGT

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SINGAPORE (Aug 2): Thakral Corporation reported a 50% rise in 1H18 earnings to $4 million compared to its earnings of $2.7 million a year ago. This came on the back of strong revenue growth from both its core businesses, investment and lifestyle.

For the 2Q ended June, Thakral posted $1.7 million in earnings, up 45% from $1.2 million in 2Q17.

Revenue for 1H18 grew 18% to $84.1 million from $71.4 million in the previous year.

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