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Metro Sinks Into the Red With Second-Half Loss of $228m
The Straits Times
|May 24, 2025
Metro sank into the red for its second half ended March, with a net loss of $228.1 million, from a net profit of $6.4 million in the previous corresponding period.
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The result translates to a loss per share of 27.6 cents, versus earnings per share of 0.8 cent, the mainboard-listed property investment and development group said in its financials released on May 23.
The losses were attributed to non-cash fair-value and impairment losses arising from the group's China real estate exposure.
Cette histoire est tirée de l'édition May 24, 2025 de The Straits Times.
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