Home Capital Results

HL Global posts 45.2% drop in 3Q earnings to $0.3 mil

Stanislaus Jude Chan
Stanislaus Jude Chan11/2/2017 07:31 PM GMT+08  • 2 min read
HL Global posts 45.2% drop in 3Q earnings to $0.3 mil
SINGAPORE (Nov 2): HL Global Enterprises posts a 45.2% decline in earnings to $276,000 in the 3Q ended September, from $504,000 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 2): HL Global Enterprises posts a 45.2% decline in earnings to $276,000 in the 3Q ended September, from $504,000 a year ago.

Revenue fell 15.3% to $3.1 million for 3Q17, from $3.7 million a year ago.

This was partially due to lower occupancy at Elite Residences Shanghai, which was affected by shorter tenancy leases introduced pending the completion of a proposed disposal.

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.