POSB nets US$2,1 million profit

increase from US$1,6 million recorded in the prior comparable period.
The revenue reserves increased by 1 877 percent to US$3,7 million from a retained loss of US$211 192 in June 2010, which was 137 percent up from December last year. Interest income increased by 51 percent to US$3,7 million for the half-year ended June 30 from US$2,4 million attained in June 2010.