IPS Securex Holdings Limited Reports Earnings Results for the Six Months Ended December 31, 2016, Provides Earnings Guidance for the Financial Year Ended June 30, 2017
February 08, 2017 at 02:11 pm EST
IPS Securex Holdings Limited reported earnings results for the six months ended December 31, 2016. For the period, the company's revenue was SGD 7,134,551 compared to SGD 6,963,162 a year ago. Profit before tax was SGD 788,316 compared to SGD 1,109,262 a year ago. Profit, representing total comprehensive income was SGD 725,371 compared to SGD 1,001,732 a year ago. Net cash from operating activities was SGD 1,613,810 compared to net cash used in operating activities of SGD 716,629 a year ago. Purchase of plant and equipment was SGD 258,316 compared to SGD 47,785 a year ago.
Barring any unforeseen circumstances, the group remains positive about the business outlook for the financial year ended June 30, 2017.