Other income grew more than fourfold to $1.4 million from $0.4 million on the back of a $1.2 million foreign exchange gain.
SINGAPORE (May 14): Amara Holdings reported earnings of $2.1 million for the 1Q ended March, up 32% from its restated earnings of $1.6 million a year ago due to higher revenue and other income.
Revenue for the quarter grew by 13% to $22.6 million compared to restated 1Q17 revenue of $20 million a year ago, lifted by higher contributions from its Hotel Investment and Management segment.
