SUBSCRIBERS
First Sponsor's Q3 profit up 13.1% at S$19.3m
Published Wed, Oct 26, 2016 · 09:50 PM
Singapore
PROPERTY developer First Sponsor achieved a 13.1 per cent growth in net profit to S$19.3 million for the third quarter ended Sept 30 on the back of higher development income.
Higher other income (which was negative a year ago) and finance income, as well as lower tax expenses also helped to improve the bottom line.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
J&J advances US$6.48 billion settlement of talc cancer lawsuits
US holds quarterly debt sale steady, starts buybacks this month
US dollar nears six-month high after pre-Fed data shock, yen steady
KFC parent Yum reports surprise drop in global same-store sales on weak demand
Pfizer lifts 2024 profit view on cost cuts, higher Covid vaccine demand
Shell exits China power market businesses