Second Chance Q2 bottom line bolstered by gain on financial assets

Singapore

SECOND Chance Properties chalked up a 79 per cent rise in net profit for the second quarter ended Feb 28, 2017, boosted by a gain recorded on its financial assets.

Revenue slid 9.4 per cent year-on- year to S$7.65 million while earnings per share came in at 0.26 Singapore cent, up from 0.16 cent in the corresponding period a year ago.