EuroSports Global posts S$3.13m H1 loss
Singapore
LUXURY lifestyle company EuroSports Global Ltd has reported a net loss of S$3.13 million for the first half of its fiscal year ended Sept 30, from a net profit of S$1.89 million a year ago.
The company, which is the only authorised dealer for Lamborghini cars in Singapore, said the loss came on the back of lower revenue, which plunged 41.2 per cent on a year-on- year basis to S$15.80 million for the six months ended September 2014.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
New EC rules to cool prices: MOP doubled to curb flipping, no more deferred payments and more units for first-timers
Singapore Instagram seller must pay Louis Vuitton S$510,000 in damages over counterfeit goods case
Upcoming EC projects that are exempt from new rules get a ‘bonus’, as buyers steer towards them: analysts