INTEGRATED resort operator Genting Singapore on Thursday saw first-quarter net profit decline 5 per cent to S$205.5 million, as gaming revenue fell.
This came as first-quarter revenue dropped to S$640.4 million, down 5 per cent from the same period a year ago, alongside gaming revenue which also tumbled 8 per cent to S$430.2 million.
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:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SembMarine Q1 profit falls 67.8% to S$1.7m on lower revenueLOWER overall business volume which hit the absorption of overhead costs dragged down Sembcorp Marine's (SembMarine) results for the first-quarter ended March 31, 2019. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Roxy-Pacific Q1 net profit falls 31% to S$5.3m as sales costs soarROXY-PACIFIC Holdings on Wednesday posted lower net profit for the first quarter ended March 31, despite a near-doubling of revenue as cost of sales soared. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
StarHub Q1 net profit falls 14.2% on cybersecurity investment lossesLOSSES in the fledgling cybersecurity business sent earnings tumbling at mainboard-listed telco StarHub in the first quarter, according to unaudited results released on Friday evening. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Haw Par Corp Q1 net profit up 14.1% to S$22.07mHAW Par Corporation on Wednesday announced that net profit for the first quarter ended March 31 rose 14.1 per cent to S$22.07 million. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Best World posts 79% jump in Q1 net profit on strong sales growthBEST World on Wednesday night posted a 79 per cent jump in net profit for the first quarter to S$10.3 million from S$5.8 million a year ago. The company attributed the performance to strong sales growth across most of the group's markets. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
HSBC Q1 profit rises 31%, beats estimates[HONG KONG] HSBC Holdings posted on Friday a 31 per cent rise in first-quarter profit, beating estimates, bolstered by a surge in income in its core Asian business and as the London-headquartered bank managed to rein in costs. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Broadway Industrial Group warns of likely Q1 net lossMAINBOARD-LISTED precision manufacturer Broadway Industrial Group has warned of an expected first-quarter net loss, in a guidance from the board on Friday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Great Eastern Q1 profit more than doubles to S$342.7m on investmentsGREAT Eastern’s net profit for the first quarter more than doubled to S$342.7 million from S$152.9 million a year ago, on the back of higher valuation of its shareholders' fund investments resulting from favourable market conditions. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
POSH posts wider Q1 net loss of US$12.7mPACC Offshore Services Holdings (POSH) on Wednesday posted a net loss of US$12.7 million for the first quarter ended March 31, widening 77 per cent from a loss of US$7.2 million a year ago. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
UOB posts 8% rise in Q1 profit to S$1.05b on stronger income growthUNITED Overseas Bank (UOB) reported higher net profit for its first quarter of 2019, up 8 per cent to S$1.05 billion, from S$978 million for the year-ago period. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Falling sales, higher financing cost push Halcyon into the red in Q1RUBBER supplier Halcyon Agri Corp swung to the red for the first quarter with a loss of US$5.7 million versus a restated profit of US$1.3 million a year ago as sales volume dropped due to a switch in strategy while financing costs rose. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »