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Sing Investments 2Q earnings double to $6 mil

Jude Chan
Jude Chan • 1 min read
Sing Investments 2Q earnings double to $6 mil
SINGAPORE (July 28): Sing Investments & Finance saw earnings double to $6.0 million in the second quarter ended June, from $3.1 million a year ago.
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SINGAPORE (July 28): Sing Investments & Finance saw earnings double to $6.0 million in the second quarter ended June, from $3.1 million a year ago.

This was mainly attributable to a $2.4 million gain from the sale of Singapore Government Securities (SGS) bonds.

In addition, earnings were boosted by a 16.3% increase in net interest income and hiring charges to $10.7 million, from $9.2 million a year ago.

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