The Hour Glass Q2 profit up 24% to S$11.75m

THE Hour Glass on Thursday said its net profit for the fiscal second quarter ended Sept 30, 2014, rose 24 per cent year on year to S$11.75 million, or five cents per share.

Revenue rose 3 per cent to S$164.83 million.

For the six months to end-September, profit rose 10 per cent year on year to S$20.12 million, on turnover of S$321.84 million.

Earnings per share for the half year were 8.56 cents, up from 7.77 cents a year ago.