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Secura sinks into the red in FY17 with $1.78 mil losses on impairment of goodwill

Samantha Chiew
Samantha Chiew • 2 min read
Secura sinks into the red in FY17 with $1.78 mil losses on impairment of goodwill
SINGAPORE (Feb 22): Secura Group sunk in losses of $1.78 million in FY17, compared to earnings or $0.85 million in FY16 on impairment of goodwill.
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SINGAPORE (Feb 22): Secura Group sunk in losses of $1.78 million in FY17, compared to earnings or $0.85 million in FY16 on impairment of goodwill.

Revenue for the full year ended Dec came in at $41.6 million, 15.3% higher than $36.1 million a year ago.

Revenue from the group’s security guarding segment increased 16.4% or $3.49 million due to securing more contracts and increase in average selling price.

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