The Business Times
business-time-50

Lee Metal acquisition lifts BRC Asia's FY18 profit

google-preferred-sourceAdd BT as a preferred source
Published Fri, Nov 23, 2018 · 09:50 PM

Singapore

THE completed acquisition of Lee Metal by BRC Asia boosted BRC Asia's net profit for its full fiscal year, the seller of reinforcing steel bars said on Friday.

But looking ahead, the firm warned of subdued profit margins, given the "mixed picture" for the reinforcing steel industry.

brc asia

TRENDING NOW

Tribunal Magistrate Jared Kang described dismissal law as “a little more layered, difficult and unclear than it perhaps needed to be”.

Firm loses wrongful dismissal case despite following termination clause

The Vietnamese economy has long relied heavily on bank lending, straining commercial banks as they shoulder the bulk of the financing needed by companies and large infrastructure projects.

Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks

Soilbuild and its executive chairman Lim Chap Huat are reportedly seeking unspecified damages over Brookfield’s alleged breach of their agreement.

Soilbuild’s Lim Chap Huat sues Brookfield, claims it reneged on joint venture: WSJ

UOB’s asset quality was a recurring theme across all broker notes.

Citi, OCBC downgrade UOB post-Q2 results; RHB upgrades on valuation

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More