Invicta Holdings, the investment management company of the Engineering Solutions Group (ESG), Capital Equipment Group (CEG) and Kian Ann Group (KAG) based in Singapore, has reported a strong set of results for the six months ended September 30. CEO Steven Joffe tells Engineering News that, despite the challenging market conditions during the period, including the global impact of the Covid-19 pandemic, local issues such as the July unrest and issues at the ports, the group was able to report excellent results owing to measures taken in the prior period to reduce overheads and debt.
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