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I06 — Intraco News Story

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Singapore's Intraco H1 revenue rises 39%

Singapore's Intraco H1 revenue rises 39%


Overview

  • Singapore trading firm's H1 revenue rose 39% yr/yr to S$102.3 mln

  • Gross profit more than doubled, up 103% from prior year

Result Drivers

  • REVENUE GROWTH - H1 revenue increased 39% yr/yr, driven by higher sales

  • TRADE FINANCE INCOME - Trade finance and other income more than doubled yr/yr

  • GROSS PROFIT SURGE - Gross profit more than doubled, up 103% yr/yr


Company press release: ID:nSNMfJpm


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

H1 Revenue

S$102.3 mln

H1 Net Income

S$1.4 mln

H1 Gross Profit

S$3.96 mln


Reuters Recommended Reads

  • Aug 6 - Singapore's Venture Corp H1 revenue and profit rise, lifts interim dividend

  • Aug 6 - Singapore's Yangzijiang Shipbuilding HY revenue rises on higher contract prices

  • Aug 5 - Glencore H1 revenue beats on higher commodity prices


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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