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Ho Bee Land's Q3 profit up on higher share of associates' profits
Published Thu, Nov 8, 2018 · 09:50 PM
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Singapore
BOOSTED by higher share of profits of associates, property developer Ho Bee Land's third quarter net profit rose nearly 25 per cent year on year to S$67.75 million.
Share of profits of associates leapt about 54 per cent to S$44.21 million, thanks to development projects in Shanghai and Zhuhai.
Total revenue increased nearly 20 per cent from a year ago to S$52.33 million on the back of a bump in ren…
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