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.
