SC Global Q3 Profit Jumps 370% To S$4.3m

Source : Channel NewsAsia, 13 November 2007

SC Global has posted a 370 percent jump in Q3 profit to S$4.3 million.

This will bring earnings for the nine months to September to nearly S$21 million.

This is double the income of the previous year and surpasses the full-year earnings in 2006.

The property developer said the strong performance is due to robust sales of its properties.

On its prospects, SC Global expects to remain profitable for the year to December. -- CNA/so