KS Energy's Q2 earnings soar on disposal gain

KS ENERGY'S second-quarter net profit rose from S$1.5 million a year ago to S$46.7 million. The better earnings attributable to equity-holders were in part due to a gain of S$54.4 million arising from a disposal of plant and equipment.

For the April-June quarter, revenue rose 44.1 per cent, from S$41.5...

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