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Second Chance posts 12.5% increase in 3Q earnings to $2.3 mil on higher sales

Samantha Chiew
Samantha Chiew6/28/2019 07:31 AM GMT+08  • 2 min read
Second Chance posts 12.5% increase in 3Q earnings to $2.3 mil on higher sales
SINGAPORE (June 28): Second Chance Properties reported 3Q19 earnings increased by 12.5% to $2.3 million, compared to $2.1 million in 3Q18.
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SINGAPORE (June 28): Second Chance Properties reported 3Q19 earnings increased by 12.5% to $2.3 million, compared to $2.1 million in 3Q18.

This brings earnings for 9M19 to $4.4 million, 30.0% lower than $6.3 million in 9M18 on lower other income mainly on foreign exchange gain and loss and absence of profit from sale of investment properties.

During the quarter under review, revenue came in at $10 million, 2.6% higher than $9.7 million last year.

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