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Corporate digest

Published Thu, Feb 23, 2017 · 09:50 PM

Haw Par Corp

HAW Par Corporation's net profit for FY2016 fell 31.8 per cent to S$125 million. Earnings per share for the Tiger Balm ointment-maker was down year-on-year to 57 Singapore cents in 2016 from 83.7 Singapore cents in 2015.

For the full year, its revenue went up 12.8 per cent to S$201.6 million. Net asset per share was reduced to S$11.29 from S$11.57, mainly due to lower valuations of financial assets at fair value.

KrisEnergy

UPSTREAM oil and gas company KrisEnergy reported that for the full year, net loss came in at US$235.3 million, compared with FY15's loss of US$41.6 million - due largely to higher costs as well as the impairment on certain Thai-producing assets and the write-off of exploration assets amounting…

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