Sim Lian's Q2 earnings fall 61%; KSH Holdings posts 14.6% increase in Q3 profit
Add BT as a preferred source
Mindy Tan
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SIM LIAN Group's net profit for the second quarter of fiscal year 2015 fell 61 per cent to S$25.5 million, from S$65.8 million in Q2FY14.
Revenue fell 56 per cent, from S$207.3 million to S$91.4 million. This was in large part due to a fall in contribution from the property development division, which contributed S$26.3 million to the group's revenue in Q2FY15, compared to S$156.9 million in the year-ago period.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
