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Sygnus reports record six-month net profit

Sygnus Credit Investments has reported record six-month net profit, core revenues and core earnings for the period ended December 31. 
 
Total investment income grew by 58 per cent to US$2.3 million.
 
Net profit was up 70 per cent at US$1.6 million.
 
Sygnus says a substantially larger net foreign exchange gain was the main driver of the higher net profit for October to December.
 
The company says overall results were driven by a near doubling of  private credit investments in portfolio companies across the Caribbean.


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