SHARE of losses from associates and jointly controlled entities and absence of fair-value gain dealt a blow to property firm Ho Bee Land's second-quarter earnings.
In all, Ho Bee saw S$6.7 million in share of losses from associates and jointly controlled entities compared to share of profits of S$28.3 million in the same quarter a year ago. For the first half of the year, net profit fell 65 per cent to S$42.1 million, while earnings per share stood at 6.32 cents compared to 18.16 cents in H1 2018.
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