Net profit for the six months to December fell by 98.8 per cent to $277,000 from $23.5 million in the corresponding period a year ago.
Revenue dropped 13 per cent year on year during this period to $438.4 million, mainly due to the absence of a one-time sale of land parcels in Australia of $97.1 million in the year-ago period.
This was partially offset by higher revenue contribution from Singapore development projects and hotels.
Bu hikaye The Straits Times dergisinin February 03, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The Straits Times dergisinin February 03, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
RealVantage breaks down walls in real estate investing for the masses
Real estate fund targets investments in middle market real estate assets
CROATIA LIFT CONFIDENCE
They beat Portugal 2-1 away in final friendly before Euro, sending warning to Spain, Italy
Jacobs wants to go faster after retaining 100m title
Home favourite Marcell Jacobs vowed to improve his time and technique ahead of the Paris Olympics after he retained his European 100m crown in Rome as Italy basked in their bountiful weekend with five golds to surge to the top of the medal table.
Workers from dorms drinking, sleeping by roadside at night
Motorists say they endanger themselves and other road users with such behaviour
US 'standing strong' with Ukraine in Russia battle, Biden vows
In a swipe at Trump, he emphasises value of US-European alliances on state visit to France
Seoul accused of modern slavery with seasonal worker scheme
Filipino workers say brokers charged steep fees, cheated them out of promised wages
Terrorist attacks dampen Chinese interest in key corridor project with Pakistan
Political instability, economic distress in the country causing serious delays, say analysts
Proposal to allow pets on China’s trains draws cheers and jeers
Some welcome prospect of trips with pets, but others raise objections over fur, faeces
Layoff worries mount as Indonesia sees flood of illegal imports
Smuggled goods compete unfairly with locally made products, economists say
Malaysia's data centre push sparks concern over power, water usage
It could strain supplies in the coming years, particularly in industrialised states: Experts