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Vibrant Q3 hit by sharp drop in 'other income'
Published Tue, Mar 14, 2017 · 09:50 PM
Singapore
VIBRANT Group on Tuesday reported an 85.2 per cent plunge in third- quarter net profit to S$1.3 million, despite a 23.6 per cent rise in revenue.
The chief cause was an 80.5 per cent drop in "other income" to S$3.2 million. This resulted in profit from operations falling 84.8 per cent from S$14.9 million to S$2.3 million.
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