Corporate digest

Chasen

LOGISTICS specialist Chasen Holdings said net profit narrowed 5 per cent to S$1.27 million for the third quarter ending Dec 31, 2018, down from S$1.34 million the year before.

For the first nine months, earnings grew 34 per cent to S$4 million, up from S$3 million the year before and also the highest in seven years. Chasen has declared an interim dividend of 0.1 Singapore cent a share, its first in at least 10 years. This will be paid on March 18.