SINGAPORE (Oct 11): Higher revenue helped GKE Corporation, the integrated warehousing and logistics solutions provider, swing to a net profit of $0.13 million in 1Q17 from a loss of $0.11 million a year ago.

Despite the economic slowdown, revenue for the three months ended August rose 30.4% to $11.4 million from $8.7 million a year ago.

The topline was bolstered by higher contribution of $10.8 million from warehousing and logistics segment and maiden contribution of $0.6 million from its wholly-owned ready-mix concrete plant, Wuzhou Xing Jian Readymix Co. which started commercial operations in June.

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