Subscribers

Hwa Hong's Q3 profit up on disposal gain

Singapore

A DISPOSAL gain helped to push Hwa Hong Corporation's bottom line 73.7 per cent higher to S$3.9 million for the third quarter ended Sept 30, 2014. This comparison takes into account the group's S$23,000 loss from a discontinued operation in the third quarter of 2013.

For the three months ended Sept 30, 2014, the company recorded a S$6.9 million gain on disposal gain of investment properties, against a S$17,000 gain for the same period a year ago.

Revenue softened, slipping 10.9 per cent to...

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

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