Duty Free Q2 earnings fall 60% on lower margins, weaker RM

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Duty Free Q2 earnings fall 60% on lower margins, weaker RM.

MAINBOARD-LISTED Duty Free International suffered a 60 per cent fall in earnings to RM4.9 million for Q2 ended August, hit by a narrower profit margin and lower net gain in foreign exchange.

Nevertheless, DFI has declared an interim dividend of S$0.005 per share. It did not declare a corresponding dividend last year. DFI expects business conditions to remain challenging over the next year, with continued weakness in currency movements.

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:

 /  🏆 15. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines