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Fewer building deals hit Low Keng Huat's Q4 earnings

Published Fri, Mar 31, 2017 · 09:50 PM

Singapore

PROPERTY developer Low Keng Huat on Friday reported an 80 per cent plunge in net profit to S$6.3 million for its fourth quarter ended Jan 31, 2017.

This compared with the S$32.1 million in net profit that it reported a year ago, and the fall was mainly driven by a decrease in third party construction contracts.

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Companies & Markets

Companies & Markets

Fewer building deals hit Low Keng Huat's Q4 earnings

Companies & Markets

Mixed trading in Asia as investors watch for further macro data; STI down 0.2%

Shareholders raise questions over dividend payout, directors’ salaries at Best World AGM ahead of proposed privatisation

China’s Bank of Communications Q1 profit rises 1.44%

Huawei’s smart car tech offers automakers route to China sales

Electrolux Q1 loss nearly triples on weak demand but beats expectations

DigitalBridge-backed Vantage said to weigh Hong Kong data centres sale

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