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Metro reverses into 4Q loss but full-year earnings still up 94%

PC Lee
PC Lee5/25/2018 08:02 AM GMT+08  • 2 min read
Metro reverses into 4Q loss but full-year earnings still up 94%
SINGAPORE (May 25): Metro Holdings reversed into 4Q losses of $1.9 million from earnings of $34.2 million a year ago.
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SINGAPORE (May 25): Metro Holdings reversed into 4Q losses of $1.9 million from earnings of $34.2 million a year ago.

However, the property group backed by retail operations still reported earnings of $156.5 million for the full year, up 94% from a year ago, mainly lifted by gain from associate Top Spring International Holdings’ disposal of eight property projects.

Metro has proposed a final dividend of 2.0 cents and final special dividend of 3.0 cents per share.

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