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Sing Investments & Finance reports 7.3% higher earnings of $19.7 mil in 1HFY2022

Felicia Tan
Felicia Tan • 1 min read
Sing Investments & Finance reports 7.3% higher earnings of $19.7 mil in 1HFY2022
As at June 30, the group’s capital adequacy ratio stood at 15.9%, down from 17.0% as at Dec 31, 2021. Photo: Stock image
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Sing Investments & Finance has reported earnings of $19.7 million for the 1HFY2022 ended June, 7.3% higher than earnings of $18.3 million in the corresponding period the year before.

During the six-month period, interest income and hiring charges increased by 6.9% y-o-y to $39.7 million.

Interest expense fell by 20.9% y-o-y to $6.2 million.

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