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Fragrance Group 2Q earnings up 3.1% to $3.8 million

Stanislaus Jude Chan
Stanislaus Jude Chan8/8/2017 08:18 PM GMT+08  • 2 min read
Fragrance Group 2Q earnings up 3.1% to $3.8 million
SINGAPORE (Aug 8): Property developer Fragrance Group posts a 3.1% increase in earnings to $3.8 million for the 2Q ended June, from $3.7 million a year ago.
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SINGAPORE (Aug 8): Property developer Fragrance Group posts a 3.1% increase in earnings to $3.8 million for the 2Q ended June, from $3.7 million a year ago.

This was mainly due to taxation amounting to $1.2 million in 2Q17, compared to a tax credit of $2.4 million in the quarter last year due to an adjustment of the estimated tax provision.

Revenue grew 14.0% to $35.0 million in 2Q17, from $30.7 million a year ago.

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