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AsiaPhos back in the black for Q2

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Published Tue, Aug 4, 2015 · 09:50 PM

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Singapore

ASIAPHOS Limited marked a turnaround in its financial performance with a net profit of S$481,000 for the second quarter ended June 30, from a net loss of S$417,000 for the year-ago period, as revenue tripled to S$12 million.

The sterling revenue growth was aided by both the upstream and downstream business segments.

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