on Wednesday, posting losses of S$7.9 million for the second quarter, versus S$5.4 million a year ago. This came as revenue slid 24 per cent to S$51.8 million, dragged by a sluggish hotel business and fewer property sales recognised. Second-quarter loss per share stood at 0.94 Singapore cent, against 0.64 cent a year ago. The counter closed at 46.5 Singapore cents on Wednesday, up 1.1 per cent, or 0.5 cent, before the release of its results. for the first-half ended June 30, up 53.
units closed up 0.1 Singapore cent or 0.59 per cent at 17 Singapore cents on Wednesday before the results release.for the second quarter ended June 30 from S$576,000 for the year-ago period, it announced on Wednesday. Revenue from continuing operations rose 11 per cent to S$66.97 million, lifted by higher revenue from mDR's investment and distribution management solutions business segments. Earnings per share were 0.003 Singapore cent, the same as in the year-ago period.
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Stocks to watch: Wilmar, Yanlord Land, OUE, Manulife US Reit, Metro, BreadTalkTHE following companies saw new developments that may affect trading of their shares on Wednesday: Read more at The Business Times.
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Hong Kong: Stocks start with a rally[HONG KONG] Hong Kong shares surged at the open on Wednesday as Donald Trump's decision to delay threatened tariffs on China and remove some goods lifted hopes for a breakthrough in the China-US trade row. Read more at The Business Times.
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Asian stocks bounce in relief as Trump delays China tariffsAsian shares joined a global equities rally and safe-haven government bonds pulled back on Wednesday, after Washington delayed tariffs on some ...
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Asian stocks bounce in relief as Trump delays China tariffs[TOKYO] Asian stocks joined a global equities surge on Wednesday, after Washington delayed tariffs on some Chinese imports and gave much-needed relief for markets gripped by political and economic turmoil. Read more at The Business Times.
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Singapore stocks: STI resumes Wednesday afternoon at 3,156.81, up 0.3% on dayTHE local equities market, like its global peers, faced a relief rebound on Wednesday on news that Washington delayed tariffs on certain Chinese imports. While China's data dump for July disappointed, sentiment was little dented for market participants who have had to contend with recent political and economic worries. Read more at The Business Times.
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Asian stocks cheer Trump's delay of some China tariffsAsian shares joined a global equities rally and safe-haven government bonds pulled back on Wednesday, after Washington delayed tariffs on some ...
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