Floating Button
Home Capital Results

New Silkroutes' 1Q net loss widens to US$0.55 mil

Stanislaus Jude Chan
Stanislaus Jude Chan • 2 min read
New Silkroutes' 1Q net loss widens to US$0.55 mil
SINGAPORE (Nov 9): New Silkroutes Group reported 1Q ended Sept net loss widened to US$551,000 ($751,000) from a net loss of US$162,000 a year ago.
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Nov 9): New Silkroutes Group reported 1Q ended Sept net loss widened to US$551,000 ($751,000) from a net loss of US$162,000 a year ago.

Revenue more than doubled to US$149.3 million in 1Q18, from US$69.3 million a year ago.

This is mainly attributable to increased oil trades, and the revenue contributed by the newly acquired healthcare subsidiaries, including Healthsciences International (HSI) and the dental companies.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.