Haw Par Q2 profit drops 58% in absence of one-offs
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
HAW PAR Corp's net profit for the second quarter fell 58.3 per cent to S$48.4 million, or 22.1 Singapore cents per share, in the absence of year-ago disposal gains and on a drop in dividend payouts from its equity investments.
The maker of Tiger Balm ointments is declaring an interim cash dividend of 10 Singapore cents per share, up from the year-ago payout of six cents per share. Haw Par shares closed at S$8.90 on Friday, lower by 0.2 per cent or 2 Singapore cents, before the results were announced.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
