Subscribers

GSH Corp in the black with Q2 profit of S$71.7m, helped by disposal gain

Judith Tan

Published Sat, Aug 05, 2017 · 5:50 am
GSH Plaza at 20 Cecil Street. GSH Corp's directors have proposed a special dividend of one Singapore cent per ordinary share, which will be paid to shareholders on Sept 6.

Singapore

MAINBOARD-listed GSH Corporation saw its net profit soar to S$71.7 million in the second quarter - a reversal from a net loss of S$3.2 million in the previous year.

This was largely due to a disposal gain of S$74.9 million from the sale of the entire investment in Plaza Ventures, the group said...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Wealth & Investing

Australia’s First Sentier shuts A$14b of funds after growth disappoints

Investors in US stocks set to demand more dividends

Paradox of high interest rates and a resilient economy

At 5% yields, investors find it’s worth paying for actively managed bond funds again

A more reliable way to get enough investment returns

Inflation, interest rates and oil prices have jolted the markets

Breaking News

Most Popular

Purchase this article