SUBSCRIBERS
Perennial Hldgs posts Q1 net loss of S$26.9m
Published Tue, May 7, 2019 · 09:50 PM
Singapore
HIGHER finance costs and the absence of a one-off gain dampened results for real estate developer Perennial Real Estate Holdings in its first quarter ended March 31.
It fell into the red, posting a net loss of S$26.9 million, from net profit of S$5.1 million in the preceding year.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
US: Stocks rally after strong tech results
Porsche posts Q1 profit drop on ramp-up costs
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