JEP Holdings has recorded a net profit of S$2.2 million for the full year ended Dec 31, 2018, up almost 2.7 times from S$825,000 the year before, on the back of lower administrative expenses, the precision machining and engineering services provider said in a regulatory filing on Monday after the market closed. Read more at The Business Times.
@VivienneTayBT JEP Holdings has recorded a net profit of S$2.2 million for the full year ended Dec 31, 2018, up almost 2.7 times from S$825,000 the year before, on the back of lower administrative expenses, the precision machining and engineering services provider said in a regulatory filing on Monday after the market closed. Earnings per share was at 0.578 Singapore cent, up from 0.227 cent the year before. Net asset value per share for the group was at 13.
0 million to S$73.2 million, from S$76.2 million the year before. The decrease in cost of sales was in tandem with the lower revenue from equipment manufacturing, trading and other segments, and the absence of one-time expenses in relation to leased premises surrendered in December 2017. Corporate digest Gross profit increased by 26.8 per cent or S$2.7 million to S$12.6 million, from S$9.9 million the year before.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UOB posts record net earnings for 2018, lower Q4 profit amid market uncertaintiesSINGAPORE: United Overseas Bank (UOB) on Friday (Feb 22) reported record net earnings of S$4.01 billion for the full year of 2018, the bank said ...
Read more »
Singapore Medical Group Q4 net profit up 17.2% to S$2.94mSINGAPORE Medical Group on Tuesday posted a net profit of S$2.94 million for the fourth quarter ended Dec 31, up 17.2 per cent from a year ago. Read more at The Business Times.
Read more »
Genting Singapore Q4 net profit up 12% to S$150.2mGAMING company Genting Singapore on Thursday posted a 12 per cent rise in net profit to S$150.2 million for its fourth quarter ended Dec 31. Read more at The Business Times.
Read more »
HRnetGroup full-year profit rises 16.6% to S$48.2mMAINBOARD-listed recruitment firm HRnetGroup on Friday posted a 16.6 per cent rise in full-year net profit to S$48.2 million from S$41.3 million a year ago, as revenue grew 9.3 per cent to S$428.5 million. Read more at The Business Times.
Read more »
City Developments Q4 profit down 54.7% to S$77.9m on lower salesPROPERTY group City Developments on Thursday posted a 54.7 per cent fall in net profit for its fiscal fourth quarter on weaker sales. Read more at The Business Times.
Read more »
Qantas Airways half year profit takes a hit from higher fuel costs[BENGALURU] Australia's Qantas Airways reported a 19 per cent drop in half-year profit on Thursday, as increased domestic and international revenue failed to fully offset higher fuel prices. Read more at The Business Times.
Read more »
Design Studio warns of losses for Q4, fiscal 2018DESIGN Studio Group expects to report a “significant loss” for the fourth quarter and full year ended Dec 31, 2018, based on a preliminary review of its unaudited financial results, the interior fit-out and panelling products provider said in a regulatory filing on Friday. Read more at The Business Times.
Read more »