SUBSCRIBERS

ValueMax Group, Maxi-Cash report stronger bottom lines

Nisha Ramchandani
Published Mon, Aug 8, 2016 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

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.

Copyright SPH Media. All rights reserved.