Cityneon's 2Q earnings more than doubled to S$9.01 mil

-A +A

SINGAPORE (Aug 13): Cityneon Holdings reported 2Q18 earnings more than doubled to S$9.01 million, compared to the 2Q17 restated earnings of S$4.20 million, mainly due to lower cost of sales and income tax credit recognised during the quarter.

This brings 1H18 earnings to S$13.0 million, 102.9% higher than restated earnings of S$6.39 million in 1H17.

Revenue for the quarter was 1.5% higher at...(click on link for full story on theedgesingapore.com)