APAC Realty posts 9.3% decline in 2Q earnings to $7.7 million on higher agent commission

SINGAPORE (Aug 7): Real estate services provider APAC Realty, which owns ERA Realty Network, saw its earnings fall 9.3% to $7.7 million for the 2Q18 ended June, from $8.5 million a year ago.

This brings the group’s earnings for 1H18 to $13.6 million, some 8.7% higher than the first half of last year.