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Aspial profit slides 55.2% on weaker real estate business

Vivienne Tay

Vivienne Tay

Published Tue, Feb 25, 2020 · 09:50 PM
Aspial

Singapore

ASPIAL Corporation posted on Monday a 55.2 per cent drop in net profit to S$12.7 million for the year ended Dec 31, mainly due to lower revenue as a result of weaker performance from its real estate business.

Earnings per share stood at 0.66 Singapore cents for the year, down from 1.46 cents for 2018.

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