The development property division’s revenue fell 37.8 per cent to S$98.5 million. Income for the period came mainly from the completion of sale of some OUE Twin Peaks units sold under deferred payment schemes.
Healthcare revenues for H1 dipped 1.7 per cent to S$14.9 million, due to lower management fees earned by the manager of First Reit.
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.
ISEC Healthcare expects Q2 loss; 'significantly lower profit' for H1MEDICAL eye care services provider ISEC Healthcare on Monday night said the group is expected to report a net loss for the three months ended June 30, along with a 'significantly lower profit' for the first half of fiscal 2020. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Chip Eng Seng reverses to losses in H1 2020 on Covid-19 impactPROPERTY development and construction firm Chip Eng Seng on Monday posted a net loss of S$24.4 million for its first half ended June 30, reversing from a net profit of S$15.2 million a year ago. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
TA Corp expects 'significant net loss' for H1 2020PROPERTY and construction firm TA Corporation on Monday flagged that it expects to report a 'significant net loss' for H1 2020 and consequently, expect a loss for the full year ending Dec 31, 2020. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Manulife US Reit posts 0.3% rise in H1 DPU to 3.05 US centsMANULIFE US Real Estate Investment Trust's (Manulife US Reit) distribution per unit (DPU) rose by 0.3 per cent to 3.05 US cents for its first half of the year ended June 30, 2020, from 3.04 cents a year ago. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Spirit posts second straight quarterly loss as virus hits aero parts demandAirplane parts maker Spirit AeroSystems Holdings Inc reported a loss for the second straight quarter on Tuesday, as its main customers Boeing Co ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China's new coal projects account for 90% of global total: StudySHANGHAI (REUTERS) - China built more than half of the world's new coal-fired power plants this year and accounted for 90 per cent of new planned capacity, a study showed on Monday (Aug 3), with Beijing still commissioning new projects even as capacity worldwide declines.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »