STEEL-BAR seller BRC Asia's second-quarter net profit soared to S$5.4 million, eight times its S$661,000 profit for the year-ago period, which excluded a S$313,000 gain after tax from discontinued operations.

SINGAPORE (May 14): BRC Asia, the provider of steel reinforcement solutions, reported 2Q19 earnings surged eightfold to $5.4 million from $0.66 million in 2Q18. This brings 1H19 earnings to $11.5 million, representing a near fourfold increase from $3.0 million in 1H18. Following the group’s acqui...

STEEL-BAR seller BRC Asia's second-quarter net profit soared to S$5.4 million, eight times its S$661,000 profit for the year-ago period, which excluded a S$313,000 gain after tax from discontinued operations.