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Lower fair-value gains hit UOL

Q2 profit falls 28% to S$152.5m despite stronger core earnings; group also unveils board changes
Thursday, August 13, 2015 - 05:50
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Botanique at Bartley. Dragged by lower fair value gains on investment properties, UOL Group on Wednesday posted a 28 per cent fall in second-quarter net profit to S$152.5 million despite better core earnings.

Singapore

DRAGGED by lower fair value gains on investment properties, UOL Group on Wednesday posted a 28 per cent fall in second-quarter net profit to S$152.5 million despite better core earnings.

The lower profit attributable to equity-holders came as attributable fair value gains

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