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Sing Investments posts 10.7% higher 1Q earnings of $6.2 mil on lower costs

Samantha Chiew
Samantha Chiew4/25/2018 05:30 PM GMT+08  • 2 min read
Sing Investments posts 10.7% higher 1Q earnings of $6.2 mil on lower costs
SINGAPORE (Apr 25): Sing Investments & Finance announced a 10.7% rise in 1Q18 earnings to $6.18 million, compared to $5.59 million in 1Q17.
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SINGAPORE (Apr 25): Sing Investments & Finance announced a 10.7% rise in 1Q18 earnings to $6.18 million, compared to $5.59 million in 1Q17.

Interest income and hiring charges for the quarter came in 1.0% lower at $18.3 million from $18.5 million a year ago.

Interest expense was 20.6% lower at $6.27 million from $7.90 million last year.

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