This is mainly attributable to the increased oil sales by NSG’s wholly-owned oil trading subsidiary, International Energy Group.
SINGAPORE (May 9): New Silkroutes Group posted a net loss of US$294,000 ($413,000) for the third quarter ended March, improving from a loss of US$1.2 million a year ago.
Revenue surged to US$125.4 million in 3Q17, compared to US$10.2 million a year ago.

