Best World's Q3 profit jumps 121%

Singapore

BEST World International reported a 121 per cent jump in net profit attributable to shareholders for the quarter ended Sept 30, 2016, thanks mostly to revenue growth in its China and Taiwan businesses.

The group, which is involved in the business of premium skincare, personal care, nutritional and wellness products, said its net profit jumped to S$8.9 million this year, from S$4.0 million the year before. Its earnings per share rose to 3.25 Singapore cents, from 1.47 cents. The group's revenue was up 99 per cent year-on-year to S$52.2 million.