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Home / Capital / Results

FJ Benjamin narrows net loss to $3.6 mil in 1Q17

Results

FJ Benjamin narrows net loss to $3.6 mil in 1Q17

Jude Chan Published on Thu, Nov 10, 2016 / 6:05 PM GMT+8

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SINGAPORE (Nov 10): FJ Benjamin Holdings on Thursday posted a net loss of $3.6 million for the first quarter ended Sept, from a loss of $5.5 million in 1Q last year.

This was mainly due to lower total operating expenses, which fell 17% to $23.7 million in 1Q17.

In a statement to SGX, the Group says this was as a result of “continued reining in of operating expenses across all business units”.