F J Benjamin Q2 profit higher at S$1.24m despite revenue fall

Singapore

FASHION and lifestyle group FJ Benjamin Holdings posted a net profit of S$1.24 million for the second quarter ended Dec 31, 2014, up from S$586,000 for the corresponding quarter a year earlier.

The bottom line was boosted in part by higher share of results of associates/joint ventures, which came in at S$853,000 versus S$151,000 previously. Foreign exchange losses also narrowed from S$1.02 million to S$185,000.