Metro's Q2 profit falls 12.6% to S$16.2m

Singapore

RETAILER and real estate developer Metro Holdings reported a poorer showing in its fiscal second quarter, affected by the closures of two of its retail stores in earlier periods.

Metro said its revenue for the quarter ended Sept 30, 2016, fell 26.1 per cent to S$28.3 million, from S$38.3 million the year before.