UOL's Q3 profit slips 2% to S$101m

Singapore

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…