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First Sponsor's Q4 earnings more than double to S$19.3m
Published Thu, Feb 5, 2015 · 09:50 PM
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Singapore
PROPERTY sales provided a fillip to First Sponsor Group in the fourth quarter, helping the China-focused property developer to more than double its net profit to S$19.3 million from S$9.2 million.
This came as the group's revenue surged to S$84.5 million for the three months ended Dec 31, 2014, from S$8.4 million a year ago.
The Millenium Waterfront project, in which the group recognised profits for the f…
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