SINGAPORE (Feb 13): Regional property and lifestyle group Wing Tai Holdings has reported 1H19 earnings of $18.2 million, 14% down from $21.1 million a year ago in the absence of a one-off gain on disposal of a subsidiary.
Nonetheless, the group’s latest set of 2Q19 earnings grew threefold y-o-y to $16.1 million from $5 million in the previous year.
Revenue for 2H19 grew 7% to $193.9 million from $181 million a year ago, largely due to an increase in property sales in Malaysia.
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)
