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First Sponsor's Q1 profit up 39% to S$23.8m

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Vivienne Tay

Vivienne Tay

Published Thu, Apr 25, 2019 · 09:50 PM

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Singapore

MAINBOARD-LISTED First Sponsor Group's first quarter net profit rose 39 per cent to S$23.8 million, thanks to a "strong showing" of its property financing business segment, the Singapore-based property developer with development projects in China and the Netherlands said in a regulatory filing on Thursday. (See amendment note)

Earnings per share climbed to 3.43 Singapore cents, up from 2.64 cents in the previous corresponding period.

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