You are here

Perennial's profit dives on higher costs, lack of fair value gain

Singapore

HIGHER finance costs and the absence of a fair value gain took a toll on results for real estate developer Perennial Real Estate Holdings for its fiscal second quarter ended June 30. 

Net profit plunged 74.9 per cent to S$2.2 million, from S$8.6 million a year ago, mainly...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes