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Secura out of the red in 1Q after restructuring

PC Lee
PC Lee4/12/2018 06:29 PM GMT+08  • 2 min read
Secura out of the red in 1Q after restructuring
SINGAPORE (Apr 12): Secura Group has reversed out of the red in the first quarter following its corporate reorganising efforts to focus on strengthening its core businesses.
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SINGAPORE (Apr 12): Secura Group has reversed out of the red in the first quarter following its corporate reorganising efforts to focus on strengthening its core businesses.

Earnings for 1Q18 ended March came in at $0.56 million compared to a loss of $0.26 million a year ago.

Revenue rose 8.8% to $10.4 million from $9.5 million mainly due to an increase in 26.4% increase in sales from the security guarding segment as a result of securing more contracts and increase in average selling price.

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