This was due to a decline in sales from its Interactive Consumer Solutions division and its disposal of its 19% interest in Racer Technology, a subsidiary of the company.
SINGAPORE (Aug 8): Trek 2000 International, the inventor of the Thumbdrive, posted a 78.7% increase in its 2Q17 earnings to US$2.1 million ($2.9 million) compared to US$1.2 million in 2Q16.
The group however saw a 38.8% y-o-y decline in its revenue from US$48.8 million in 2Q16 to US$29.8 million in 2Q17.
