Home Capital Results

Maxi-Cash’s earnings triple in 3Q

Gwyneth Yeo
Gwyneth Yeo11/9/2016 06:39 PM GMT+08  • 1 min read
Maxi-Cash’s earnings triple in 3Q
SINGAPORE (Nov 9): Maxi-Cash Financial Services Corporation has reported earnings of $3.3 million for 3Q16, triple the earnings of $1 million in 3Q15.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Nov 9): Maxi-Cash Financial Services Corporation has reported earnings of $3.3 million for 3Q16, triple the earnings of $1 million in 3Q15.

Revenue rose 28% to $41 million from the higher revenue contribution at both the pawnbroking and retail and trading businesses.

Material costs rose at a slower pace at 23% to $28.1 million, as employee benefits rose 16% to $3.5 million, finance costs rose 6% to $1.1 million, and other operating expenses rose 16% to $4.2 million.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now