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OUE Q1 jumps to S$87.1 million on US$ currency gains, higher gains on investments
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Annabeth Leow
Published Fri, May 15, 2020 · 09:50 PM
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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.
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