SUBSCRIBERS
UOL's Q1 net profit falls 39 per cent in the absence of one-off gain
Published Tue, May 12, 2015 · 09:50 PM
Singapore
UOL Group's net profit for the first quarter ended March 31 slid 39 per cent to S$74.2 million due to the effect of a one-off gain from the sale of land at Jalan Conlay, Malaysia, in the year-ago comparison period.
Excluding the impact from the sale of land, its first-quarter net profit would have dipped 3 per cent from a year ago to S$74.2 million.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
S&P slashes Boeing credit outlook as rating hovers above junk status
Honda to spend US$11 billion on EV strategy in Canada
GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
iFast Q1 net profit surges on ePension unit performance