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ZICO Holdings 2Q earnings double to RM1.9 mil on higher revenue

Michelle Zhu
Michelle Zhu • 2 min read
ZICO Holdings 2Q earnings double to RM1.9 mil on higher revenue
SINGAPORE (Aug 11): ZICO Holdings announced earnings of RM1.9 million ($0.6 million) for the 2Q17 ended June, doubling from its earnings of RM1 million in 2Q16 on higher revenue.
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SINGAPORE (Aug 11): ZICO Holdings announced earnings of RM1.9 million ($0.6 million) for the 2Q17 ended June, doubling from its earnings of RM1 million in 2Q16 on higher revenue.

This brings the group’s 1H17 earnings to a total of RM3.4 million, up 16.9% from its earnings of RM3.3 million in 1H16.

Group revenue grew 38% over 2Q17 to RM22.1 million from RM16 million a year ago, led by increased contributions from corporate finance and business advisory services from the group’s Advisory and Transactional Services (ATS) segment.

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