Cost of sales increased by 86.8% to US$2.1 million from US$1.11 million last year.
SINGAPORE (Feb 9): Memories Group, formerly known as SHC Capital Asia, announced that its 3Q18 has incurred a loss of US$5.5 million ($7.3 million), compared to earnings of US$0.4 million in 3Q17.
Revenue for the quarter was up by 57.4% to US$3.87 million from US$ 2.5 million a year ago, mainly contributed by the acquisitions of the HAL Business (Hotel Segment) and the DMC Business (Services Segment).
