But cost of sales fell 38% to $16.4 million.
SINGAPORE (May 8): Top Global, the property developer and hospitality and facility manager, swung back into the black in 1Q with earnings of $0.3 million compared to a loss of $0.9 million a year ago.
Quarterly revenue fell 21% to $25.5 million, mainly due to a 24% fall in revenue from development properties to $21.5 million and a 29% fall in rental income to $0.6 million. Income from golf and country club rose 4% to $2 million while hotel rose 2% to $1.2 million.
