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Sinarmas Land posts 63% fall in 3Q earnings to $17.4 mil on absence of one-off gain

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Sinarmas Land posts 63% fall in 3Q earnings to $17.4 mil on absence of one-off gain

PC Lee Published on Tue, Nov 15, 2016 / 7:24 AM GMT+8

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SINGAPORE (Nov 15): Developer Sinarmas Land posted a 62.6% fall in 3Q16 earnings to $17.4 million from a year ago due to lower foreign exchange gain of $1.6 million and the absence of the one-off exceptional gain of $30.6 million.

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