SUBSCRIBERS
FJ Benjamin posts first quarterly loss since financial crisis
Published Fri, May 9, 2014 · 10:00 PM
Singapore
F J Benjamin Holdings is closing down some of its stores here, having posted its first quarterly loss since the global financial crisis.
The retailer said net loss for the third quarter ended March 31 stood at $4.87 million, reversing from a net profit of $417,000 booked in the same period a year ago. This translated to a loss of 0.86 cents per share for the quarter, compared to earnings of 0.07 cents per share.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Japanese companies struggle with yen’s continued weakness
Singapore stocks open stronger on Thursday; STI up 0.5%
DBS Q1 profit up 15% to S$2.95 billion; interim dividend at S$0.54 per share
Gold prices drift higher as Fed stands pat on key interest rate
US to probe GoPro claims Chinese firm violated its patents
Asia’s retail investors hunt for fabled crypto riches