SUBSCRIBERS
OUE Q1 jumps to S$87.1 million on US$ currency gains, higher gains on investments
Published Fri, May 15, 2020 · 09:50 PM
Singapore
MAINBOARD-LISTED property group OUE's first-quarter earnings swelled with help from currency gains on the greenback and higher mark-to-market fair-value gains on certain investments, it said in an interim business update on Friday.
Since then, though, its investment and hospitality divisions have taken a hit from the novel coronavirus pandemic, going by presentation slides on the Singapore Exchange website.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
IBM plots US$730 million expansion of Canadian semiconductor site
Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early
Yeo Guat Kwang, John Chen retiring from corporate boards
US: Wall St opens higher
Air China orders homegrown C919s in challenge to jet duopoly
HCA beats first-quarter profit estimates on higher patient admissions