SINGAPORE (Aug 13): Rex International reported earnings of US$23.6 million ($32.7 million), or 1.83 US cents per share, for the 2Q19 ended June, reversing from the net loss of US$2.7 million in 2Q18 a year ago.

This was the result of a surge in other income to US$29.4 million from US$90,000 last year, which was mainly due to a gain from sales of interests in licences to a third party.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply


Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook