This brought the group’s 1H18 earnings to $8.1 million, compared to $2.3 million recorded in the previous year.
SINGAPORE (Feb 8): Lim & Tan Securities likes Ellipsiz as it believes that it is in a divestment mode and that management will help minority shareholders monetise assets and realise dividends in the process.
The group on Tuesday announced that its 2Q18 earnings were up more than threefold to $5.8 million from $1.7 million a year ago, due to a one-off gain of $14.2 million from the disposal of its subsidiary, SV Group.
