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UIC posts double-digit Q1 net profit growth

Annabeth Leow

Published Tue, Apr 23, 2019 · 09:50 PM

Singapore

MAINBOARD-LISTED United Industrial Corp (UIC), flush from consolidating its ownership of Marina Square, turned in double-digit first-quarter earnings growth on Tuesday.

Net profit for the three months to March 31 swelled by 35 per cent to S$81.1 million.

Revenue was up by 12 per cent at S$185.3 million, on growth in its various property and information technology business segments. Turnover from hot…

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Companies & Markets

Companies & Markets

UIC posts double-digit Q1 net profit growth

Annabeth Leow

Companies & Markets

Netflix handily beats subscriber targets, misses on revenue forecast

Meta releases early versions of its Llama 3 AI model

Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts

TSMC estimates losses of US$92.4 million due to Taiwan earthquake

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

US: Wall St opens higher as some chip stocks bounce back after selloff

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