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Trek 2000 in the red for FY2015 despite revenue rise

Wednesday, July 20, 2016 - 05:50

Singapore

WEIGHED down by a sharp rise in the cost of goods sold and other expenses, Trek 2000 International sank into the red with a net loss of US$6.72 million for FY2015 versus a net profit of US$1.15 million. Revenue rose 34.5 per cent year to US$149.14 million, driven by higher

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