Frasers Property first-quarter earnings up 9.5% to S$159m
But the group flags the virus outbreak and fires in Australia as pressure points on its business
Singapore
FRASERS Property on Friday saw first-quarter net profit rise 9.5 per cent to S$159.4 million, lifted by improved revenue.
But looking ahead, the group also identified two key situations - the coronavirus outbreak and the bushfires in Australia - that may have some impact on parts of its operations.
TRENDING NOW
Size matters: OCBC’s Bank of Singapore doubles down on ultra-wealthy – and the bankers chasing them
Wilmar, Musim Mas among palm-oil firms in Indonesia under probe for suspected export under-invoicing
Is the UK student-housing party over? Singapore players face divergent prospects in PBSA market
Wilmar shares tumble 10.5% in early trade amid Indonesia probe