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Singapore Shipping Corp's 2Q earnings up 4.1% to $3.2 mil

Samantha Chiew
Samantha Chiew11/9/2017 05:46 PM GMT+08  • 1 min read
Singapore Shipping Corp's 2Q earnings up 4.1% to $3.2 mil
SINGAPORE (Nov 9): Singapore Shipping Corporation announced that 2Q18 earnings increased 4.1% to US$ 2.35 million ($3.20 million) compared to US$ 2.25 million in 2Q17.
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SINGAPORE (Nov 9): Singapore Shipping Corporation announced that 2Q18 earnings increased 4.1% to US$ 2.35 million ($3.20 million) compared to US$ 2.25 million in 2Q17.

Revenue for the second quarter ended September was 3.2% lower at US$ 11.2 million from US$ 11.6 million last year.

The group’s ship owning segment saw a 0.5% decrease in revenue to US$ 8.09 million from US$ 8.13 million a year ago.

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