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Amara Holdings posts 35% jump in FY2018 profit

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Amara Holdings reported a 35 per cent jump in fiscal 2018 profit to S$32.0 million from S$23.7 million the previous year.

AMARA Holdings reported a 35 per cent jump in fiscal 2018 profit to S$32.0 million from S$23.7 million the previous year. 

Earnings per share was 5.56 Singapore cents, up from 4.12 Singapore cents.

It declared a final dividend of one Singapore cent and a special dividend of one Singapore cent. It paid a final dividend of one Singapore cent the year ago.

Revenue for the 12 months ended Dec 31 rose 16 per cent to S$104.2 million, from FY2017's S$89.8 million, due to higher revenue in its hotel investment and management segment.

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