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Uni-Asia back in the black with US$7 mil earnings for 1HFY2021

The Edge Singapore
The Edge Singapore • 2 min read
Uni-Asia back in the black with US$7 mil earnings for 1HFY2021
The company plans to pay an interim dividend of two cents per share
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Investment company Uni-Asia Group, which has interests in shipping and property, has reported earnings of uS$7 million for 1HFY2021, reversing from a net loss of US$3.9 million in the year earlier.

Revenue in the same period was up 47% y-o-y to US$31.7 million.

The growth was largely driven by a 46% y-o-y jump in chartering income to US$20 million, thanks to strong demand for its fleet of dry bulk carriers.

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