SINGAPORE (Aug 13): United Global reported earnings of US$0.9 million ($1.24 million) for the 2Q ended June, halving from its 2Q17 earnings of US$2 million on higher administrative expenses.

The latest quarter’s results brings the lubricant manufacturer and trader’s earnings for 1H18 to US$3.2 million, down 13.8% from US$3.6 million a year ago.

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