SUBSCRIBERS
Yoma Strategic Q4 profit falls 86% to S$3.5m
Published Wed, May 30, 2018 · 09:50 PM
Singapore
YOMA Strategic Holding's fiscal fourth-quarter profit slid 85.5 per cent to S$3.5 million, compared to S$24.08 million a year ago.
Revenue similarly fell 48.2 per cent to S$25.1 million from S$48.4 million a year ago, hit by reduced income from the sale of residences and land development rights (LDRs), which fell the most in the company's revenue breakdown.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
OpenAI inks licensing deal with People magazine publisher
Apple unveils new AI-focused chip in upgraded iPad Pro models
DBS CEO Piyush Gupta sells S$2.7 million worth of bank shares
Disney's surprise streaming entertainment profit offset by weaker TV business
Geely, Foretellix partner to jump-start self driving car development
US: Wall Street opens slightly higher on rate cut optimism