Home Capital Results

Bukit Sembawang posts 1% dip in 2Q earnings to $44.6 mil on higher borrowing costs

Stanislaus Jude Chan
Stanislaus Jude Chan11/5/2019 05:54 PM GMT+08  • 2 min read
Bukit Sembawang posts 1% dip in 2Q earnings to $44.6 mil on higher borrowing costs
SINGAPORE (Nov 5): Bukit Sembawang Estates has announced earnings of $44.6 million for the 2Q19/20 ended September, some 1% lower than earnings of $45.1 million a year ago.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Nov 5): Bukit Sembawang Estates has announced earnings of $44.6 million for the 2Q19/20 ended September, some 1% lower than earnings of $45.1 million a year ago.

This translates to earnings per share (EPS) of 17.23 cents for 2Q19/20, compared to EPS of 17.40 cents in 2Q18/19.

The decline was mainly due to a surge in finance costs to $4.5 million during the quarter, on the back of higher borrowing costs on loan relating to Katong Park Towers and The Atelier.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now