YHS Q4 bolstered by higher fair-value gains

Singapore

YEO Hiap Seng's fourth-quarter net profit rose 7.4 per cent even as revenue dipped, bolstered by higher fair-value gains on investment properties.

The food and beverage (F&B) company - which reported its results on Monday after the market closed - posted a net profit of S$14.2 million for the three months ended Dec 31, 2015, against S$13.3 million a year ago.