Singapore Airlinesbottom line earnings to S$202.6 million from S$281 million a year ago, on the back of lower operating profit and higher non-operating costs related to SilkAir's refleeting and restructuring. For the full year, the national carrier's net profit fell 47.5 per cent to S$683 million despite a record revenue of S$16.3 billion, from S$15.8 billion a year ago. Operating profit and dividends were also down. SIA stock fell four Singapore cents or 0.4 per cent to finish at S$9.
shares closed 0.19 per cent, or one Singapore cent up at S$5.22 on Thursday., State Alpha, for Ying Li International Real Estate has closed. The resultant shareholding of the offeror and parties acting in concert is 72.04 per cent. State Alpha had on April 18 said that it was making an offer for the Chongqing-based property developer at S$0.14 per share. The offer was triggered after the offeror bought about 767.
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:
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.
China Everbright sees 16% rise in Q1 profit to HK$206.4mCHINA Everbright Water reported on Wednesday a 16 per cent rise in first-quarter net profit to HK$206.4 million (S$36 million), from HK$178.1 million for the year ago period. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
China Everbright unit owns 72.04% of Ying Li, together with concert partiesTHE mandatory unconditional cash offer by China Everbright unit, State Alpha, for Ying Li International Real Estate has closed. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
SATS Q4 profit falls 23.7% to S$49.9m on absence of one-off gainsFOURTH-QUARTER net profit for ground handler and in-flight catering services provider, SATS dropped 23.7 per cent to S$49.9 million, from S$65.4 million a year ago, mainly due to the absence of one-off gains, the company announced on Friday morning before the market opened. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
China urges US to respect market economy after China Mobile denied entryWASHINGTON/HONG KONG: China urged Washington on Friday to stop putting 'unreasonable pressure' on Chinese companies after U.S. regulators voted to ... This might be the funniest headline of the day.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »