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Hatten Land reports 96% fall in 4Q earnings to $0.86 mil on lower revenue and higher expenses

Samantha Chiew
Samantha Chiew8/29/2018 12:13 PM GMT+08  • 2 min read
Hatten Land reports 96% fall in 4Q earnings to $0.86 mil on lower revenue and higher expenses
SINGAPORE (Aug 29): Hatten Land on Tuesday announced that its 4Q18 earnings have dipped 95.7% to RM2.60 million ($0.86 million), compared to RM59.7 million in 4Q17.
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SINGAPORE (Aug 29): Hatten Land on Tuesday announced that its 4Q18 earnings have dipped 95.7% to RM2.60 million ($0.86 million), compared to RM59.7 million in 4Q17.

This brings FY18 earnings to RM3.18 million, 63.5% lower than RM8.72 million in FY17.

Revenue for the quarter dropped 61.5% to RM50.1 million from RM130.0 million a year ago.

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