Innovalues: Records 11.5% Growth In Revenue To S$31.5 Million For 3Q16 As Core Automotive Segment Revs Into High Gear.

25 Oct 2016 17:40

Gross profit margin expands from 28.4% to 32.9%, driven by revenue growth and improved operational efficiencies. Core business segments continue to generate strong positive operating cash flows of S$18.7 million while bolstering net cash position to S$32.9 million. Excluding the impact arising from foreign exchange transaction gains, net profit increased 55.8% yoy to S$5.7 million...

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