Vibrant Group reports higher Q3 profit
Published on Mar 13, 2014 9:40 PM
Vibrant Group, formerly known as Freight Links Express, has reported a 4.9 per cent rise in third quarter net profit to $9.1 million.
Revenue for the three months to Jan 31 rose by 12 per cent to $48.3 million.
The increase in revenue was mainly due to the increase in demand for freight and logistics business with the completion of a new chemical hub in Jurong Island.
Higher profit was mainly attributed to better performance in the freight and logistics business segment.
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