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Singapura Finance's 3Q earnings surge threefold to $1.8 mil

Samantha Chiew
Samantha Chiew • 1 min read
Singapura Finance's 3Q earnings surge threefold to $1.8 mil
SINGAPORE (Nov 3): Singapura Finance announced 3Q17 earnings surged more than threefold to $1.84 million compared to $528,000 the same period last year.
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SINGAPORE (Nov 3): Singapura Finance announced 3Q17 earnings surged more than threefold to $1.84 million compared to $528,000 the same period last year.

This was mainly attributed to higher total income, lower total operating expenses and lower allowances for loan losses.

Interest income and hiring charges for the third quarter ended September dropped 6.4% to $7.68 million from $8.20 million a year ago.

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