SUBSCRIBERS
Fragrance Q4 earnings hit by weaker fair value gains
Published Tue, Feb 10, 2015 · 09:50 PM
Singapore
AMID the fall in property prices, Fragrance Group on Tuesday said the majority of its residential-project units has been sold, and it is working to lease out the commercial space at its Alexandra Road property.
This comes as the property firm reported that net profit for the fourth quarter dropped 40.4 per cent mainly on a weaker fair-value gain on its investment properties.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Porsche posts Q1 profit drop on ramp-up costs
IBM plots US$730 million expansion of Canadian semiconductor site
Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early
Yeo Guat Kwang, John Chen retiring from corporate boards
US: Wall St opens higher
Air China orders homegrown C919s in challenge to jet duopoly