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Banyan Tree Q4 profit grows 44% on property sales, one-offs; to pay out 1.05 S cent/share

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RESORT operator Banyan Tree Holdings' fourth-quarter net profit rose 44 per cent to S$5.6 million as better property sales and one-off disposal gains offset a weaker hotel segment, the company announced on Wednesday evening. Read more at The Business Times.

Resort operator Banyan Tree Holdings' fourth-quarter net profit rose 44 per cent to S$5.6 million as better property sales and one-off disposal gains offset a weaker hotel segment, the company announced on Wednesday evening.RESORT operator Banyan Tree Holdings' fourth-quarter net profit rose 44 per cent to S$5.6 million as better property sales and one-off disposal gains offset a weaker hotel segment, the company announced on Wednesday evening.

For the 12 months ended Dec 31, 2018, net profit grew four per cent to S$13.5 million, or 1.60 Singapore cent per share.

 

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Source: BusinessTimes - 🏆 15. / 51 Read more »