Corporate digest
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
XMH Holdings
ENGINE maker XMH Holdings lost S$88,000 in the second quarter ended Oct 31, down from a year-ago net profit of S$2.8 million, as weak market sentiment dragged down project revenue. Overall revenue slipped 2.8 per cent to S$25.1 million. Administration expenses jumped 87 per cent to S$5.2 million from the year-ago expenses of S$2.8 million. Looking ahead, XMH sees ongoing weakness in the oil and gas sector, but potential for benefits from rising coal prices.
Oriental Group
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
