Home Capital Results

Pan-United 2Q earnings surge to $6.7 mil on lower costs

Stanislaus Jude Chan
Stanislaus Jude Chan8/1/2019 06:58 PM GMT+08  • 1 min read
Pan-United 2Q earnings surge to $6.7 mil on lower costs
SINGAPORE (Aug 1): Cement and ready-mixed concrete supplier Pan-United Corporation reported a twelvefold surge in earnings to $6.7 million for the 2Q19 ended June, from $0.5 million a year ago, on the back of lower costs.
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 (Aug 1): Cement and ready-mixed concrete supplier Pan-United Corporation reported a twelvefold surge in earnings to $6.7 million for the 2Q19 ended June, from $0.5 million a year ago, on the back of lower costs.

Earnings per share (EPS) rose to 0.96 cent for 2Q19, from 0.08 cent in 2Q18.

2Q19 revenue slipped 4% to $210.8 million, from $219.1 million a year ago, due to lower sales volume and selling prices from the trading business.

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.