Thakral swings back to black in 1Q

Publish date: Mon, 12 May 2014, 11:16 PM

Thakral Corporation has swung back to profitability with earnings of $172,000 for the 1Q ended March.

In the same period last year, it had posted losses of $211,000.

The trading and property group doubled its revenue to $179.5 million from $88.9 million a year ago. Revenue from the investment division rose by 51% to $3.4 million.


 

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