Haw Par's Q2 net profit rises 10.2%, boosted by healthcare sales, other income
Published on Aug 13, 2014 10:00 PM
SINGAPORE - Leisure and health-care group Haw Par Corp saw healthy growth in the second quarter on the back of increased sales.
Net profit for the second quarter ended June 30 gained 10.2 per cent to $59.5 million, thanks to a 13.7 per cent hike in revenue to $45.5 million.
Haw Par said increased sales and margins from its healthcare division boosted its earnings.
Other income also jumped 13.4 per cent to $48.6 million as a result of higher dividend income from investments.
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