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Perennial Hldgs posts Q1 net loss of S$26.9m

Published Tue, May 7, 2019 · 09:50 PM

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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.

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