Sygnus Credit Investments achieved record-breaking results for the nine months ending March 31 this year, driven by its Puerto Rican subsidiary, Acrecent.
Net profits surged by 60.3 per cent to US$6.97 million with earnings per share at US$1.20.
Total investment income rose 75.4 per cent to US$13.22 million and net investment income doubled to US$9.44 million, mainly due to strong performance in its Puerto Rican private credit fund.
Acrecent, which is 95.58 per cent owned by SCI, delivered US$4.5 million in profits, surpassing its full-year results from the previous year.
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