Real Estate
Hong Fok H2 net profit falls 61.5% as Concourse Skyline sale dips
PROPERTY developer Hong Fok posted a net profit of S$81.2 million for the second half of 2023 on Thursday (Feb 29), a 61.5 per cent drop from its earnings...
IHH Healthcare revises dividend policy upwards; reports 280% Q4 earnings jump
The growth in hospital and healthcare revenue was attributed to strong recovery from core non-Covid-19 revenues, as both local and foreign patients returned to seek treatment at the group’s...
Cordlife chairman Joseph Wong steps down, claims ‘personal reasons’
PRIVATE cord-blood bank Cordlife Group on Thursday (Feb 29) announced that its chairman Joseph Wong has stepped down due to “personal family and health reasons”. With effect from Wednesday,...
Halcyon Agri H2 net loss widens to US$24.9 million despite higher revenue from rising sales volume
RUBBER producer Halcyon Agri Corporation on Thursday (Feb 29) posted a net loss of US$24.9 million for the six months ended Dec 31, 2023, widening 31 per cent from...
High need for worker dorms a boon for Centurion, but rental rates not expected to keep going up: CEO
MAINBOARD-LISTED Centurion Corporation will benefit from robust demand for worker beds, but its CEO cautioned that rents “will not keep going up”.Rental rates across the market have generally stabilised,...
Cosco Shipping returns to black in FY2023, as H2 net loss narrows significantly
LOGISTICS management service provider Cosco Shipping International (Singapore) on Thursday (Feb 29) recorded a full-year net profit of S$1.9 million, reversing from an S$88.6 million loss a year ago....
Hotel Grand Central swings back to black with H2 net profit of S$1.4 million
HOTEL Grand Central announced a net profit of S$1.4 million for the second half ended Dec 31, 2023, reversing a net loss of S$4.6 million in the corresponding period...
Hong Leong Asia expects diversifying engine product mix to improve margins
INDUSTRIAL conglomerate Hong Leong Asia will better position itself for growth by looking beyond trucking and catering to other engine sectors, chief executive Stephen Ho said in an analyst...
