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Second Chance posts 29% fall in 9M earnings; proposes issue of bonus warrants

Gwyneth Yeo Published on Wed, Jun 29, 2016 / 9:18 PM GMT+8

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SINGAPORE (June 29): Second Chance Properties posted a 29% decline in earnings to $6.8 million for the nine month period to March (9MFY2016).

Revenue fell 8.9% to $26.9 million on lower sales of its apparel, properties and securities businesses.

Revenue from apparel fell by $1.75 million to $6.2 million, while revenue from properties fell by $0.4 million to $6.3 million and revenue from securities fell by $0.7 million to $3.3 million.

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