Tiger Balm soothes Haw Par's pains in leisure, property
Singapore
HAW Par Corp's first-quarter net profit rose 10.6 per cent to S$13.5 million as an invigorating Tiger Balm business alleviated weakness in leisure and property, the conglomerate announced on Thursday.
Haw Par's per-share net profit was 6.1 Singapore cents for the three months ended March. The stock closed at S$9.33 on Thursday, up by 0.5 per cent or five Singapore cents, before the results were announced. As in the previous year, no dividend was announced for the quarter.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Mastercard’s profit beats as consumer spending defies inflation worries
Google’s payments to Apple reached US$20 billion in 2022, antitrust court documents show
DBS Q1 profit up 15% to S$2.96 billion; interim dividend at S$0.54
Qualcomm forecast beats estimates as AI drives chip sales in China
eBay forecasts Q2 revenue below estimates as consumer spending remains strained
AIG beats profit estimates on underwriting strength