Singapore Kitchen Equipment Limited

Singapore Kitchen Equipment sinks deeper into the red with 1Q18 loss of $0.9 mil

SINGAPORE (June 22): Singapore Kitchen Equipment (SKE) reported losses doubled to $0.9 million for 1Q18 from $0.45 million a year ago on higher costs and expenses. 

Revenue for the quarter grew 43.6% to $6.9 million from $4.8 million in 1Q17 mainly due to higher sales generated from fabrication and distribution for tenders, and higher maintenance and service income.

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