News Formal

Wee Hur Q1 earnings halved on drop in property development income

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Wee Hur Q1 earnings halved on drop in property development income.

MAINBOARD-LISTED property group Wee Hur Holdings' earnings were halved in the first quarter, as turnover from the muted development segment fell.

Group revenue plunged by 70 per cent to S$48.6 million on a drop in property development contributions, according to unaudited statements put out on Friday.Market voices on: Wee Hur added that its Australian student housing business - which started operations in July 2018 - will hit 2,350 occupied beds by the second quarter.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Property and finance veteran Lim Hua Tiong named Frasers Property Vietnam CEOFRASERS Property has on Monday appointed Lim Hua Tiong as chief executive officer of Frasers Property Vietnam. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Property and finance veteran Lim Hua Tiong named first Frasers Property Vietnam CEOFRASERS Property has on Monday appointed Lim Hua Tiong as its first chief executive officer of Frasers Property Vietnam. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »