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Fragrance in the red with S$3.7m Q1 loss
Published Mon, May 13, 2019 · 09:50 PM
Singapore
FRAGRANCE Group has been hit by a sharp drop in revenue for the first quarter following the recent completion of a major Singapore project, with the property company flagging the possibility of posting "negative results" in the quarters ahead.
For the three months ended March 31, Fragrance reported a net loss of S$3.7 million, reversing from a profit of S$8.5 million in the previous corresponding period.
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