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Brokerages keep M1 on 'hold' after dip in 3Q earnings

Samantha Chiew
Samantha Chiew10/17/2017 12:05 PM GMT+08  • 4 min read
Brokerages keep M1 on 'hold' after dip in 3Q earnings
SINGAPORE (Oct 17): M1 has received four “holds”, one “buy” and one “sell” from research houses after posting its results on Monday.
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SINGAPORE (Oct 17): M1 has received four “holds”, one “buy” and one “sell” from research houses after posting its results on Monday.

In 3Q, the group saw earnings decline 4.9% to $32.7 million, mainly due to higher depreciation and interest expenses.

9M earnings dropped 13% to $101.5 million.

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