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Second Chance's full-year earnings rise 35.9% to $9.5 million on one-off gain

Stanislaus Jude Chan
Stanislaus Jude Chan10/30/2017 7:13 PM GMT+08  • 2 min read
Second Chance's full-year earnings rise 35.9% to $9.5 million on one-off gain
SINGAPORE (Oct 30): Second Chance Properties saw earnngs for the full year ended Aug increase 35.9% to $9.5 million from $7.0 million a year ago.
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SINGAPORE (Oct 30): Second Chance Properties saw earnngs for the full year ended Aug increase 35.9% to $9.5 million from $7.0 million a year ago.

This was mainly due to a one-off profit of $2.3 million in FY17 as the company accepted a cash offer on de-listing of one of the available-for-sale securities.

As a result, other income more than trebled to $2.2 million in FY17, from $0.6 million a year ago.

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