SINGAPORE (Mar 14): Logistics, real estate, and financial services provider Vibrant Group saw its earnings plunge 88.6% to $0.1 million for the 3Q ended January, from $1.3 million a year ago.
The decline was on the back of unrealised foreign exchange loss and higher finance costs.
Revenue more than trebled to $177.3 million in 3Q18, from $53.5 million a year ago. This was mainly contributed by Blackgold International Holdings (BIHL), which was acquired in July 2017.
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