The Hour Glass donates S$5m to NKF, ComChest, NHB
LUXURY watch retailer The Hour Glass said on Tuesday that it is donating a total of S$5 million to the National Kidney Foundation (NKF), Community Chest and the National Heritage Board (NHB).
The donations are the most significant to date for the group, the company said in a statement.
For its latest financial year ended March 31, 2015, The Hour Glass recorded net profit of S$58 million on S$741 million of revenue.
Its shares last traded at S$0.745.
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