Sakae Holdings swing back to profitability in 2Q with earnings of $2.3 mil

SINGAPORE (Aug 14): Sakae Holdings swung back to profitability in 2Q17 and 1H17 with earnings of $2.3 million and $0.8 million respectively.

Group revenue for 2Q17 totalled $16.6 million, a decrease of 21.8% compared to $21.3 million in 2Q16.

This followed the effects of sluggish economic conditions which led to weaker market sentiments globally.

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