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Property development income helps Stamford Land return to the black in Q4

Published Thu, May 25, 2017 · 09:50 PM

Singapore

STAMFORD Land Corporation Ltd swung back into the black for the fourth quarter ended March 31 with a net profit of S$8.93 million, compared to a net loss of S$5 million a year ago, amid an income surge from property development.

Revenue for the quarter more than doubled to S$166 million from S$60.48 million, led by a S$101.35 million increase…

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Companies & Markets

Companies & Markets

Property development income helps Stamford Land return to the black in Q4

Companies & Markets

Wilmar appoints former minister George Yeo as independent non-executive director

UOB Kay Hian says ‘disadvantageous’ to reveal details of key management’s remuneration

Deutsche Bank has cut dozens in Asia private banking overhaul

Middle East violence heightens market fears of rate hikes, inflation

Tokyo's Nikkei drops more than 1,000 points, most in 3 years

Cordlife calls for trading halt after shares sink to all-time low, pending announcement

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