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Hafary posts 5.5% rise in 2Q earnings to $2.7 mil on higher revenue

Michelle Zhu
Michelle Zhu • 2 min read
Hafary posts 5.5% rise in 2Q earnings to $2.7 mil on higher revenue
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SINGAPORE (Aug 3): Hafary (SGX:5VS) Holdings posted earnings of $2.7 million for the 2Q ended June, up 5.5% from the $2.5 million it recorded a year ago, on the back of higher revenue.

This brings Hafary's earnings for the first half of 2017 to $3.1 million, up 15.0% from the $2.7 million recorded in the same period a year ago.

The supplier of tiles, wood flooring and sanitary ware saw revenue for the quarter grew 8.6% to $29.8 million, compared to $27.5 million in the previous year.

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