SUBSCRIBERS

Hi-P Q2 earnings down 19% at S$12.29m

Nisha Ramchandani
Published Wed, Aug 1, 2018 · 09:50 PM
Share this article.

Singapore

CONSUMER electronics manufacturer Hi-P International recorded a near 19 per cent drop in net profit to S$12.29 million for the second quarter ended 30 June as the cost of sales escalated.

This was despite revenue rising 8 per cent to S$302 million on the back of an increase in sales volume.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here