You are here

Ho Bee Q2 earnings down 53% on absence of disposal gain

It posts solid rental income from investment properties

HO BEE Land's second- quarter net profit dived 53.5 per cent year-on-year to S$12.20 million. But behind the headline numbers, its transformation into a group with a substantial investment property portfolio providing recurring-income ballast is starting to show in its latest report card....

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes