Far East Orchard:on surging finance costs and a sharp drop in share of joint-venture profits. Net profit fell to S$3.42 million for the three months to March 31, down 55.4 per cent from S$7.67 million the year prior, according to unaudited financial statements released on Tuesday. While revenue slipped by 3.
6 million for the three months to March 31, with revenue also down 19.7 per cent to S$52.7 million. EPS was 2.44 Singapore cents, down from 3.06 cents. No dividend was recommended, unchanged from the same period the previous year. AEM closed up S$0.01 or 0.93 per cent to S$1.09 on Tuesday before the results were announced.from higher expenses, even though it notched turnover growth on recent acquisitions, in results released on Tuesday. Net profit came in lower by 13.
Nederland Laatste Nieuws, Nederland Headlines
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