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Vibrant's 2Q earnings fall 60.4% to $3.6 mil

Stanislaus Jude Chan
Stanislaus Jude Chan • 2 min read
Vibrant's 2Q earnings fall 60.4% to $3.6 mil
SINGAPORE (Dec 12): Logistics, real estate, and financial services provider Vibrant Group saw its earnings fall 60.4% to $3.6 million for the 2Q ended October, from $9.0 million a year ago.
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SINGAPORE (Dec 12): Logistics, real estate, and financial services provider Vibrant Group saw its earnings fall 60.4% to $3.6 million for the 2Q ended October, from $9.0 million a year ago.

This comes despite revenue almost quadrupling to $172.7 million in 2Q18, compared to $45.0 million a year ago.

In a Tuesday night filing, Vibrant says the weaker bottomline was due to lower fair value gain on marketable securities and lower share of profits from associates.

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