Home Capital Results

Imperium Crown FY17 losses narrow to $6.7 mil on absence of a net fair value loss

PC Lee
PC Lee8/25/2017 11:16 PM GMT+08  • 2 min read
Imperium Crown FY17 losses narrow to $6.7 mil on absence of a net fair value loss
SINGAPORE (Aug 25): Imperium Crown, the real estate developer, narrowed its net losses for FY17 to $6.7 million from $12.4 million in FY16.
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 (Aug 25): Imperium Crown, the real estate developer, narrowed its net losses for FY17 to $6.7 million from $12.4 million in FY16.

This was mainly due to the absence of a net fair value loss on investment properties of $16.5 million in FY16.

Group revenue for 12 months ended June grew 2.6% to $4.9 million compared to $4.7 million a year ago. The growth was driven mainly by an increase in revenue contribution from the group’s Hatchobori Place office property in Tokyo.

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.