trending Market Intelligence /marketintelligence/en/news-insights/trending/cubfvIXJG7Y4TqI2V-3_Qg2 content esgSubNav
In This List

HLH Group Q1 loss narrows YOY

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


HLH Group Q1 loss narrows YOY

Hong Lai Huat Group Ltd said its normalized net income for the first quarter came to S$5,880, compared with a loss of S$85,130 in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin climbed to 5.3% from negative 3.0% in the year-earlier period.

Total revenue decreased 50.4% on an annual basis to S$1.4 million from S$2.9 million, and total operating expenses decreased 48.1% year over year to S$1.6 million from S$3.1 million.

Reported net income came to a loss of S$281,000, or a loss of 0 cents per share, compared to a loss of S$135,000, or a loss of 0 cents per share, in the year-earlier period.

As of May 6, US$1 was equivalent to S$1.32.