Mixed bag of results for fiscal year ended June

CORPORATE Singapore was not quite a picture of plump profits, rosy topline and sunny outlook for firms with a June year-end. In fact, it was anything but - no thanks to rising cost pressures, market volatility and a global economic cycle that had yet to turn around as promisingly as businesses had previously hoped.

As at Aug 29, 93 firms listed on the Singapore Exchange had released their full-year earnings. Collectively, these firms earned some S$2.6 billion for the fiscal year 2014. With only one firm not having comparative results for a year ago, th…