Segmentally, revenue from retail and trading of jewellery and gold business and moneylending segments increased by $0.1 million and $0.6 million respectively, but was offset by a $0.3 million decrease in revenue from the pawnbroking segment.
SINGAPORE (Aug 14): ValueMax reported earnings of $6.7 million for 2Q19 ended June, a 57.8% increase from $4.2 million in 2Q18 last year, on the back of lower operating expenses.
Revenue for 2Q19 rose 0.7% to $55.4 million from $55.0 million a year ago. Cost of sales fell 3.1% to $41.9 million.
