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800 Super posts 25% drop in 2Q earnings to $1.9 mil on higher expenses

Stanislaus Jude Chan
Stanislaus Jude Chan2/12/2019 06:03 PM GMT+08  • 2 min read
800 Super posts 25% drop in 2Q earnings to $1.9 mil on higher expenses
SINGAPORE (Feb 12): Waste disposal company 800 Super Holdings saw its earnings fall 24.8% to $1.9 million for the 2Q19 ended December, compared to earnings of $2.5 million a year ago.
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SINGAPORE (Feb 12): Waste disposal company 800 Super Holdings saw its earnings fall 24.8% to $1.9 million for the 2Q19 ended December, compared to earnings of $2.5 million a year ago.

This was mainly due to purchase of supplies and disposal charges, which nearly doubled to $11.3 million in 2Q19, from $5.7 million a year ago, due to expenses incurred in the operations of the public waste collection sectors, the waste treatment plants and the laundry plant.

2Q19 revenue rose 27.2% to $46.0 million, from $36.1 million a year ago.

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