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PR Newswire
12-01-2018, 11:11 PM
IFS Capital says 3Q17 losses narrowed to $333,000 from $3.95 million.
Interest income excluding non-performing loans (NPL) was 17.5% higher at $5.52 million compared to $4.70 million in 3Q16, mainly due to higher interest income earned from factoring and loans.
NPLs for the quarter was 29.9% lower at $693,000 from $988,000 a year ago.
Lim Hua Min of Phillip Assets accumulates 445,000 more shares at 24 cents, below Dymon Asia's purchase price of 24.5 cents. Likely to find buying support at 24 cents and below.
Interest income excluding non-performing loans (NPL) was 17.5% higher at $5.52 million compared to $4.70 million in 3Q16, mainly due to higher interest income earned from factoring and loans.
NPLs for the quarter was 29.9% lower at $693,000 from $988,000 a year ago.
Lim Hua Min of Phillip Assets accumulates 445,000 more shares at 24 cents, below Dymon Asia's purchase price of 24.5 cents. Likely to find buying support at 24 cents and below.