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Home / Capital / Results

YHI International sees 1Q earnings more than double to $4.5 mil on one-off gain

Results

YHI International sees 1Q earnings more than double to $4.5 mil on one-off gain

Stanislaus Jude Chan Published on Mon, May 14, 2018 / 6:16 PM GMT+8

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SINGAPORE (May 14): Tyre maker YHI International saw its earnings surge to $4.5 million for the 1Q ended March, from $1.8 million a year ago.

This was mainly due to the one-off gain on disposal of $3.1 million from the sale of its freehold warehouse and office building at its Australia subsidiary.

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