Metro's Q3 profit soars to S$146.6m

Singapore

METRO Holdings reported on Monday a steep increase in net profit for the third quarter ended Dec 31, 2017, to S$146.61 million from S$20.49 million a year ago.

Associate Top Spring International Holdings Limited's very substantial disposal of eight property projects and Metro's recent sale of its 30 per cent interest in Nanchang Fashion Mark contributed to the bottom line.