Total expenses outpaced the increase in revenue, rising 9% to $7.0 million in 1Q18, compared to $6.4 million a year ago.
SINGAPORE (May 10): Marina developer and operator SUTL Enterprise saw its earnings fall 30% to $0.6 million for the 1Q ended March, from $0.9 million a year ago, on the back of higher expenses.
1Q18 revenue grew 4% to $7.8 million, from $7.5 million a year ago. This was mainly due to higher sales of goods and services.
