SUBSCRIBERS
HPL's Q1 profit falls 68% to S$14.3m
Published Fri, May 8, 2015 · 09:50 PM
Singapore
HOTEL Properties Ltd's (HPL) net profit dipped 68 per cent to S$14.3 million for the first quarter ended March 31, 2015, largely due to lower profit contribution from two of its properties.
This came on the back of revenue falling 26 per cent to S$158.9 million.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
No extension to 6-month pause on DBS’ non-essential activities, but 1.8 times multiplier stays
CSE Global records S$186.2 million in Q1 new orders, up 16.7%
HSBC CEO to retire; bank reports 1.7% lower Q1 profit of US$10.8 billion
Huawei profit surges 564% as it eclipses Apple in China
Singapore stocks rise, tracking regional bourses; STI up 0.3%
Boosted by name brand beers, Carlsberg sees higher sales