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Absence of fair-value gains drags Blumont into the red for Q3

Full-year deficit expected as Q3 registers a S$13.48m loss, against a S$33.73m profit a year ago
Wednesday, November 12, 2014 - 05:50
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Blumont Group has sunk into the red for the third quarter ended Sept 30, 2014, given the absence of the S$40.91 million net unrealised fair value gains on its financial assets seen a year ago.

Singapore

BLUMONT Group has sunk into the red for the third quarter ended Sept 30, 2014, given the absence of the S$40.91 million net unrealised fair value gains on its financial assets seen a year ago.

Instead, it incurred S$1.74 million in net other losses in the third quarter

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