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GL's Q1 net profit down 7% on lower revenueTHE former GuocoLeisure, now known as GL, saw its earnings fall in the first quarter, as the bottom line tracked a drop in group revenue on the back of lower turnover from the core hotel segment. Read more at The Business Times.
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Wing Tai Holdings Q1 net profit slumps 87%WING Tai Holdings' first-quarter earnings took a tumble, according to unaudited results released on Friday, amid lower profits from development properties and the absence of a one-off gain from selling off subsidiaries in the same period the year before. Read more at The Business Times.
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Micro-Mechanics Q1 profit down 12.9% to S$4.5mOVERHEADS ate into Micro-Mechanics (Holdings) bottom line for the first quarter, with the group also warning of 'longer and more costly development cycles' ahead for the semiconductor industry. Read more at The Business Times.
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Parkson Retail Asia narrows loss in Q1DEPARTMENT store operator Parkson Retail Asia posted a net loss of S$11.1 million for the first quarter ended Sept 30, narrowing slightly from a loss of S$12.9 million a year ago. Read more at The Business Times.
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Razer Pay could be available at NETS terminals by Q1 in 2019SINGAPORE: Razer Pay, an e-wallet app by gaming brand Razer, could soon be accepted at NETS terminals, said the company in a news release on ...
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SGX Q1 net profit stable at S$91m, declares interim dividend of 7.5 centsTHE Singapore Exchange on Friday reported a net profit of S$91.1 million for the first quarter ended Sept 30, comparable to S$90.7 million in the year-ago period. This was on the back of stable operating profit of S$106.4 million, compared to S$106 million in the year-ago period. Read more at The Business Times.
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Derivatives drive SGX's Q1 net profit up 0.4%, higher interim dividend declaredTHE Singapore Exchange (SGX) on Friday reported a 0.4 per cent increase in its first quarter net profits from a year ago, boosted by a strong derivatives market as its traditional securities business suffered a pullback. Read more at The Business Times.
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