Home Capital Results

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

Stanislaus Jude Chan
Stanislaus Jude Chan5/14/2018 06:16 PM GMT+08  • 1 min read
YHI International sees 1Q earnings more than double to $4.5 mil on one-off gain
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.
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 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.

1Q18 revenue dipped 1.5% to $107.5 million, from $109.1 million a year ago.

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.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now