Other gains fell by 29.9% y-o-y to $0.8 million mainly due to the lower grants from the government.
Material costs rose by 51.7% y-o-y to $90.7 million in the 1HFY2022, in line with the higher sales from the retail and trading of gold and luxury items.
Other losses increased by 28.2% y-o-y to $0.3 million due to the provision of doubtful debts in the 1HFY2022.
As a result, profit before tax rose 51.1% y-o-y to $17.1 million.
See also: Jardine Matheson posts loss of US$468 mil, but underlying net profit stood at US$1.47 bil
As at June 30, cash and cash equivalents stood at $17.0 million.
Earnings per share (EPS) for the period came in at 2.92 cents on a fully diluted basis.
Shares in MoneyMax closed 0.3 cent higher or 1.52% up at 20 cents on Aug 10.
