Skylink Bags More Long-term Leasing Contracts in Fiscal H2; Shares Up 4%

MT Newswires

04/08

Skylink (SGX:XZB) secured more long-term commercial vehicle leasing contracts for the fiscal second half ended March 31 compared with the preceding six-month period, according to a Tuesday filing with the Singapore Exchange.

Shares of the commercial vehicle leasing company were up over 4% in Wednesday trading.

During the period, the company also added new hire purchase financing loan books and completed more repairs and maintenance jobs.

Skylink also secured 18 new contracts and transitioned 16 existing customers to EVs in the fiscal fourth quarter ended March 31.

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