Lion Asiapac Returns to Profit in Fiscal Q4

MT Newswires08-20

Lion Asiapac (SGX:BAZ) booked an attributable profit to equity holders of SG$826,000 in the quarter ended June 30, compared with an attributable loss of SG$593,000 in the year-ago period, a filing with the Singapore Exchange said on Monday.

Earnings per share came in at SG$0.0102 from SG$0.0073 in the year-ago period.

Revenue was up 101% year over year to SG$11.1 million from SG$5.5 million mainly due to an increase in revenue from roofing supplies, lime sales and trading segments.

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