UOL's Q3 profit slips 2% to S$101m
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UOL Group, which on Wednesday posted lower third-quarter earnings and revenue, expects continued pressure in the months ahead for the residential property, office rental and hotel sectors.
Net profit attributable to equity-holders slipped 2 per cent to S$101 million for the three months ended Sept 30, from S$103 million a year ago. This translated to earnings per share of 12.76 Singapore cents, against 13.23 Singapore cents for the year-ago period.
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