Chasen swings back to the black in FY17

SINGAPORE (May 29): Chasen Holdings swung back to profitability in FY17 with earnings of $2.5 million compared to a loss of $3.3 million a year ago.

For the 4Q ended March, the relocation specialist also reported earnings $1.2 million compared to a loss last year.

For the quarter and full year, group revenue of $32.3 million and $106.2 million respectively were 14% or $12.7 million higher respectively from the same periods a year ago.

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