SINGAPORE (Nov 27): Jubilee Industries posted 1H19 earnings of $2.57 million, more than triple that of $0.81 million in 1H18, mainly due to higher revenue and higher currency translation differences.

Revenue for the half year ended September came in at $88.4 million, 1.1% higher than $87.5 million in the previous year, mainly due to higher contribution from the group’s Mechanical Business Unit (MBU), but was partially offset by lower contribution from its Electronic Business Unit (EBU).

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook