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SUTL Enterprise 3Q earnings rise 30% to $0.7 mil

Michelle Zhu
Michelle Zhu11/9/2017 6:53 PM GMT+08  • 1 min read
SUTL Enterprise 3Q earnings rise 30% to $0.7 mil
SINGAPORE (Nov 9): SUTL Enterprise saw a 30% increase in net attributable profit to $657,000 for 3Q17 compared to $504,000 in 3Q16, which marina developer and operator attributes to its ongoing efforts to increase operational efficiency.
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SINGAPORE (Nov 9): SUTL Enterprise saw a 30% increase in net attributable profit to $657,000 for 3Q17 compared to $504,000 in 3Q16, which marina developer and operator attributes to its ongoing efforts to increase operational efficiency.

Revenue for the quarter rose 1% to $6.5 million over the quarter compared to $6.4 million a year ago.

Sales of goods and services fell 1% to $4.6 million while membership-linked fees and management fees rose 3% to $1.7 million.

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