ValueMax Group, Maxi-Cash report stronger bottom lines
Singapore
THE pawnbroking business appears to be holding strong in times of slow growth, going by the results of pawnshop chains, ValueMax Group and Maxi-Cash.
ValueMax Group's Q2 net profit for the three months ended June 30 surged 46 per cent to S$3.95 million from the year-ago period, thanks in part to the lower cost of sales.