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Thakral 1H earnings surge to $2.7 mil on higher margins; declares interim dividend of 2 cents per share

Stanislaus Jude Chan
Stanislaus Jude Chan8/3/2017 6:8 PM GMT+08  • 1 min read
Thakral 1H earnings surge to $2.7 mil on higher margins; declares interim dividend of 2 cents per share
SINGAPORE (Aug 3): Thakral Corporation posts earnings of $2.7 million for the 1H ended June, from $0.2 million a year ago, on the back of higher margins.
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SINGAPORE (Aug 3): Thakral Corporation posts earnings of $2.7 million for the 1H ended June, from $0.2 million a year ago, on the back of higher margins.

Revenue came in at $71.4 million in 1H17, down from $134.4 million a year ago.

In a filing to SGX on Thursday, Thakral says the decline was mainly due to the continuing shift to higher margin products by its lifestyle division.

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