The Business Times
business-time-50
SUBSCRIBERS

Lower revenue, absence of fair value gain hit Fragrance full-year profit

google-preferred-sourceAdd BT as a preferred source
Published Wed, Feb 22, 2017 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Fragrance Group

Singapore

LOWER property development revenue, plus an absence of substantial fair value gain on investment properties, weighed down results for Fragrance Group for its full financial year.

Net profit plummeted 89 per cent to S$7.5 million from the previous year, the group said in a Singapore Exchange filing on Wednesday evening.

fragrance group

Copyright SPH Media. All rights reserved.

Reuse this contentFeedback

TRENDING NOW

Property-based taxes may have limited room to run – and pushing them further risks hitting the wrong people, observers say.

In taxing wealth, how far can Singapore push property owners?

In this economy, the smartest bets might no longer be sitting an ocean away, but are waiting right here at home.

‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival

Malaysia Madani, or Civil Malaysia, is Prime Minister Anwar Ibrahim's slogan encapsulating positive values (such as humanity and strong governance) that would shape policy direction. But the "corporate mafia" claims have now cast the spotlight on governance credibility.

From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?

The fourth Amity Circle retreat was hosted by Temasek Foundation from Apr 8 to 10 in Hanoi.

Middle East-linked energy supply shocks put Asean Power Grid back in focus

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