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TeleChoice reports 2Q earnings trebling to $1.7 mil

PC Lee
PC Lee • 2 min read
TeleChoice reports 2Q earnings trebling to $1.7 mil
SINGAPORE (Aug 14): TeleChoice International, the regional diversified provider of info-communications products and services, posted earnings of $1.7 million in 2Q17 and $2.1 million in 1H17, a 236.4% and 23.1% increase respectively from a year ago.
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SINGAPORE (Aug 14): TeleChoice International, the regional diversified provider of info-communications products and services, posted earnings of $1.7 million in 2Q17 and $2.1 million in 1H17, a 236.4% and 23.1% increase respectively from a year ago.

Group revenue in 2Q17 climbed 20.5% to $150.2 million while revenue in 1H17 also improved, rising by 2.0% to $263.6 million from $258.5 million.

The stronger revenue in 2Q17 was led by the sales of the Samsung S8 and S8 Edge by PCS division, higher equipment sales by ICT division and higher revenue from Engineering division’s Indonesia and Philippine operations.

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