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Thakral’s profit triples to S$19.5 million on divestment of Osaka property
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Thakral Corporation's net profit surged to S$19.5 million for Q3, up from S$4.1 million a year earlier, driven by the sale of its Osaka property and strong performance in its lifestyle segment. Revenue rose 52% to S$115.9 million, with operating profit increasing 485% to S$21.2 million. For the nine months, profit soared over 700% to S$128.8 million. The group plans to expand its DJI store presence in South Asia and strengthen its premium beauty portfolio. Shares closed up 1.9% at S$1.65.
Source: Businesstimes The copyright of this article belongs to the original author/organization.
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