SINGAPORE (Aug 8): MoneyMax Financial Services reported a 19.9% rise in 2Q17 earnings to $1.7 million from $1.4 million a year ago.
Revenue increased by 36.9% to $41.1 million, lifted by an increase in revenue from both the pawnbroking and the retail and trading of pre-owned items segments.
Material costs increased 44% to $30.3 million in 2Q17 from a year ago in line with the increase in revenue from both the retail and trading of pre-owned items segments.
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)