Total operating costs rose to RM66.2 million, of which employee benefits expenses stood at RM35.5 million. The bulk of this increase was due to additional headcount for new businesses in Singapore.
SINGAPORE (Feb 28): ZICO Holdings posts full year earnings of RM4.3 million ($1.4 million), a 35.3% decline from earnings of RM6.6 million a year ago.
This was mainly due to higher operating costs to support business growth, and lower other income.
