SUBSCRIBERS
UIC Q1 net profit rises 1% to S$60.24m
Published Fri, Apr 27, 2018 · 09:50 PM
Singapore
UNITED Industrial Corporation (UIC) reported a net profit of S$60.24 million for the first quarter ended March 31, which represented a 1 per cent improvement from a year ago.
This was despite a 37 per cent drop in revenue to S$165.65 million due to lower sales recognition from trading properties.
Mitigatin…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece
Singapore shares open higher on Friday; STI up 0.2%
TSMC estimates losses of US$92.4 million due to Taiwan earthquake
Singapore loses ‘world’s best airport’ crown to Qatar
Higher gross rental income, lower expenses boost CICT’s Q1 NPI by 6.3% to S$293.7 million
Stocks to watch: CICT, Seatrium, Keppel DC Reit, UOB