Singapore Shipping Corp posts 60% surge in 4Q earnings to S$3.5 mil on higher revenue

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SINGAPORE (May 24): Singapore Shipping Corporation reported a 60% rise in earnings to US$2.6 million (S$3.5 million) for the 4Q18 ended March from its earnings of US$1.6 million in 4Q17 on higher revenue.  

The latest quarter’s results brings Singapore Shipping Corp’s earnings for FY18 to US$10.4 million, representing a 22% increase from its full-year earnings of US$8.6 million in the previous year.

A final dividend of 1 cent has been declared for the financial year under review, unchanged from...(click on link for full story on theedgesingapore.com)