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ValueMax 2Q earnings up 14.6% to $4.5 mil

Stanislaus Jude Chan
Stanislaus Jude Chan8/10/2017 06:49 PM GMT+08  • 1 min read
ValueMax 2Q earnings up 14.6% to $4.5 mil
SINGAPORE (Aug 10): Pawnbroker and moneylender ValueMax Group posted a 14.6% increase in earnings to $4.5 million for the 2Q ended June, from $3.9 million a year ago.
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SINGAPORE (Aug 10): Pawnbroker and moneylender ValueMax Group posted a 14.6% increase in earnings to $4.5 million for the 2Q ended June, from $3.9 million a year ago.

Overall gross profit increased by 19.3% to $10.3 million as gross profit margin improved by 3 percentage points to 16.3% in 2Q17.

Revenue dipped by 2.6% to $63.2 million in 2Q17, from $64.9 million a year ago.

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