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No Signboard 1Q earnings rise 56.1% to $1.4 mil

Michelle Zhu
Michelle Zhu2/14/2018 07:29 PM GMT+08  • 2 min read
No Signboard 1Q earnings rise 56.1% to $1.4 mil
SINGAPORE (Feb 14): No Signboard has announced $1.4 million in earnings for the 1Q ended Dec 2017, up 56.1% from its earnings of $0.9 million posted in 1Q17 on higher other income. 
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SINGAPORE (Feb 14): No Signboard has announced $1.4 million in earnings for the 1Q ended Dec 2017, up 56.1% from its earnings of $0.9 million posted in 1Q17 on higher other income.

Revenue grew 2.9% to $4.1 million from $4 million a year ago on the back of contribution from a new revenue stream from the beer business.

Notably, other income of $2.6 million was recorded in relation to interim profits from the acquired restaurant business, as compared to just $9,141 a year ago.

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