Home Capital Results

Uni-Asia Group reports 50% rise in 1Q18 earnings to $4.3 mil

The Editor
The Editor5/15/2018 05:48 PM GMT+08  • 2 min read
Uni-Asia Group reports 50% rise in 1Q18 earnings to $4.3 mil
SINGAPORE (May 15): Uni-Asia Group, the alternative investment company and integrated service provider of vessels and properties, reported a 50% rise in 1Q18 earnings to US$3.2 million ($4.3 million) from US$2.1 million a year ago.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (May 15): Uni-Asia Group, the alternative investment company and integrated service provider of vessels and properties, reported a 50% rise in 1Q18 earnings to US$3.2 million ($4.3 million) from US$2.1 million a year ago.

Total income rose 11% to US$25.6 million. Charter income increased by 14% to US$10.2 million in 1Q18 due to higher spot charter rates and additional ship in the ship portfolio in 1Q18 compared to 1Q17.

Total fee income increased 110% to US$2.4 million, led by higher arrangement and agency fee income of US$1.7 million.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.