Grand Banks achieves Q1 profitability

> Subscriber-only, By Arlene Sloan2020-10-22T15:00:00

Despite dampened business sentiment due to the COVID-19 pandemic, Grand Banks Yachts Ltd recorded quarterly revenue of S$24.6 million (€15.2m) for the three months ending 30 September 2020 – a dip of 5.7% compared to the same quarter last year.

The Asian-based builder of the Grand Banks and Palm Beach boat brands posted profitability and good sales in the first quarter of its new fiscal year, ending 30 September…

To continue reading, please see the IBI Plus subscription options below for accessing Premium Content

SUBSCRIBER-ONLY CONTENT

To continue reading, subscribe TODAY!

Gain instant unlimited access to all IBI Plus subscriber content.

TRIAL Subscriptions start from just £4 / €4 / $4 for your first month
Access to global report, insights and news at your fingertips
100% Money back guarantee - Cancel anytime

UNLOCK ARTICLE & KEEP READING – START YOUR TRIAL SUBSCRIPTION

_{No commitment, cancel anytime*}_{Offer ends 30 April 2025}_{* Cancel anytime during first 4 weeks after initial payment and no further payments will be taken.}_{Inclusive of applicable taxes (VAT)}