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Chuan Hup 2017 profit jumps in absence of impairment loss
Published Mon, Aug 28, 2017 · 09:50 PM
Singapore
INVESTMENT company Chuan Hup Holdings on Monday reported a 74.3 per cent jump in net profit for its fiscal 2017, helped by higher revenue and the absence of an impairment loss from a year ago.
Net profit for the 12 months ended June 30, 2017 stood at US$17.9 million, up from US$10.3 million a year ago. This translated to earnings per share of 1.93 US cents, up from 1.11 US cents.
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