Singapore’s SEA achieves total net income of $87.3M in 1Q as revenue rises
Singapore-based tech conglomerate SEA Limited has achieved a total net income was of $87.3 million in the first quarter, as compared to total net loss of $580.1 million a year ago. SEA said that the group’s first quarter total revenue was $3 billion, up 4.9 percent year-on-year. The group’s total gross profit also rose 21.1 percent year on year to $1.4 billion in the first quarter.