In FY17, the group generated a revenue of close to $80 million, a 70% increase compared to FY16. Meanwhile, gross profit improved by 281% to $1.43 million.
SINGAPORE (Feb 27): Advance SCT, the supplier of copper-related products and recycled copper, reported full-year earnings of $1.5 million for FY17 from a loss of $8.2 million in FY16.
Notably, the group posted net profit from recurring operations of $0.67 million in FY17 which the group says "signals that it has recovered from the tumultuous years and is on the path of growth".
