Ho Bee Land Q1 net profit surges 181%
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Ho Bee Land's net profit for the first quarter ended March 31, 2015 surged 181.6 per cent to S$11.56 million.
This translated to earnings per share of 1.7 cents, up from 0.6 cents.
Group revenue for the period leapt 81.5 per cent to S$31 million on the back of an increase in rental income from office buildings, The Metropolis in Singapore and 1 St Martin's Le Grand in London.
Shares of Ho Bee slipped 1.3 per cent or 3 cents to S$2.30 on Tuesday.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
