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Hai Leck posts 37.8% decrease in FY17 earnings to $7.9 mil

Samantha Chiew
Samantha Chiew • 2 min read
Hai Leck posts 37.8% decrease in FY17 earnings to $7.9 mil
SINGAPORE (Aug 28): Hai Leck today announced that its earnings dropped 37.8% to $7.9 million for the full year ended June, from $12.8 million a year ago.
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SINGAPORE (Aug 28): Hai Leck today announced that its earnings dropped 37.8% to $7.9 million for the full year ended June, from $12.8 million a year ago.

This was mainly due to higher cost of sales and lower other income.

Cost of sales rose 14.1% to $60.5 million in FY17, from $53.0 million a year ago.

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Hai Leck Holdings
FY17 results
FY17 earnings

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