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Haw Par Q1 net profit rises 14% to S$22m

Nisha Ramchandani
Published Wed, May 8, 2019 · 09:50 PM

Singapore

BOOSTED by higher revenue, Haw Par Corporation's net profit for the first quarter ended March 31 rose 14.1 per cent to S$22.07 million.

Group revenue increased 22.3 per cent to S$73.38 million on the back of increased demand for healthcare products, while earnings per share rose to 10 Singapore cents, from 8.8 cents previously.

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