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Triple whammy takes toll on Metro's Q4 profit

Quarter's earnings dive 84.8% to S$1.15m; final payout of seven Singapore cents includes 5-cent special dividend


LOWER turnover and exchange differences, along with a sharp rise in general and administrative expenses have pulled Metro Holding's net profit down by 84.8 per cent to S$1.15 million for the fourth quarter ended March 31.

Revenue was S$32.6 million, down 21.9 per cent