trending Market Intelligence /marketintelligence/en/news-insights/trending/GSJSefm7CUSKMT3o9I3S1w2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Challenger Technologies Q1 profit climbs YOY

Blog

Tracking Credit Risk of a Major U.S. Retailer

Blog

M&A rebound sparks optimism for near-term deal activity

Blog

What's on the Horizon for the Cruise Hotel Resorts Sector

Blog

Message in a (Word)Cloud


Challenger Technologies Q1 profit climbs YOY

Challenger Technologies Ltd. said its first-quarter normalized net income amounted to S$2.9 million, compared with S$2.8 million in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin declined to 3.2% from 3.4% in the year-earlier period.

Total revenue increased 7.9% year over year to S$90.4 million from S$83.8 million, and total operating expenses rose 8.2% from the prior-year period to S$86.0 million from S$79.4 million.

Reported net income grew from the prior-year period to S$3.8 million, or 1 cents per share, from S$3.7 million, or 1 cents per share.

As of May 9, US$1 was equivalent to S$1.37.