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mm2 posts 17.7% drop in Q2 earnings on higher finance expensesMAINBOARD-LISTED mm2 Asia saw net profit for its second fiscal quarter fall 17.7 per cent on higher finance expenses, including the one-off unwinding interest on the deferred purchase consideration for the acquisition of Cathay Cineplexes, the group said on Wednesday night. Read more at The Business Times.
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SUTL Enterprise Q4 earnings drop 17% on higher expenses; to pay out 2 Singapore cents/shareMARINA developer SUTL Enterprise Limited has recorded a fourth-quarter net profit of S$3.6 million for the three months ended Dec 31, 2018, down 17 per cent from a restated net profit of S$4.4 million the year prior. This was attributed to higher overall expenses, the company said in a regulatory filing on Thursday. Read more at The Business Times.
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