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Lion Asiapac reports 22% increase in earnings to $743,000 for 3Q20

Felicia Tan
Felicia Tan • 1 min read
Lion Asiapac reports 22% increase in earnings to $743,000 for 3Q20
Lion Asiapac, the steel trader and manufacturer of lime, posted a 22% increase in earnings to $743,000 in 3Q20 ended March, compared to $609,000 a year ago.
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SINGAPORE (May 29): Lion Asiapac, the steel trader and manufacturer of lime, posted a 22% increase in earnings to $743,000 in 3Q20 ended March, compared to $609,000 a year ago.

Revenue for the quarter fell 28% y-o-y to $4.2 million on lower sales orders.

Other income dipped 3% y-o-y to $335,000, while other gains grew 66% y-o-y to $696,000 for 3Q20.

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