You are here

Home > Companies & Markets

Ezion back in black on fair value gain

It posts Q2 net profit of US$86.96m, reversing from loss after tax of US$2.57m for the year-ago period
Fri, Aug 10, 2018 - 5:50 AM
btnews@sph.com.sg@HweetanBT

Singapore

LIFTBOAT-focused Ezion Holdings returned to profitability in the second quarter mainly on fair value adjustments arising from its refinancing exercise, which more than offset a gross loss from its operations.

Ezion posted a profit after tax of US$86.96 million for the...

sentifi.com

Market voices on:

Purchase this article as republication.
subscribe to
The Business Times
Stay connected with The Business Times
premium content on your favourite platforms
CALL 6388 3838
SUBSCRIBE NOW
Download Our
Apps
Stay up to date with The Business Times for
Stay Updated
Choose which free BT newsletters to sign up for here, or get them all below:
Breakfast Brief
every morning
Daily Debrief
every evening
BT Garage
weekly