Grand Banks Yachts Limited announced earnings results for the first quarter ended September 30, 2019. For the first quarter, the company announced sales was SGD 26.047 million compared to SGD 21.610 million a year ago. Operating income was SGD 2.300 million compared to SGD 1.657 million a year ago. Net income was SGD 1.681 million compared to SGD 1.146 million a year ago.