Corporate digest

LMIRT Management

THE manager of Lippo Malls Indonesia Retail Trust (LMIRT) is reopening seven additional retail malls and two retail spaces in Indonesia.

This brings the total retail malls and retail spaces allowed to reopen to 19 and four respectively, although they are subject to precautionary measures, including a capacity cap, the manager said on Wednesday.

Its remaining three retail malls and three retail spaces are still under existing restrictions where only essential services can open and dine-ins are banned.


AUSTRALIAN construction engineering company AusGroup reported net profit of A$1.2 million (S$1.18 million) for the full year ended June 30, reversing losses in the preceding year amounting to A$59.5 million.


However, revenue fell 25.6 per cent to A$195.1 million, with Covid-19 leading to the postponement of "non-critical" projects, the mainboard-listed company said. Earnings per share stood at 0.04 Australian cent, reversing from a loss per share of 1.95 cents in FY20.


Engineering solutions firm Ellipsiz posted a net profit of S$3.05 million for the year ended June 30, reversing from a loss of S$689,000.

The company's revenue edged up 0.5 per cent to S$54.51 million, boosted by its automated precision system solutions segment.

Earnings per share was 1.83 cents, reversing from a loss per share of 0.41 cent in the preceding year.

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