trending Market Intelligence /marketintelligence/en/news-insights/trending/gJ0XcAUC6Ad12pklVdmx8A2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Metro Holdings fiscal Q2 profit falls YOY

Blog

M&A rebound sparks optimism for near-term deal activity

Blog

What's on the Horizon for the Cruise Hotel Resorts Sector

Blog

Message in a (Word)Cloud

Six trends shaping the industries and sectors we cover in 2021


Metro Holdings fiscal Q2 profit falls YOY

Metro Holdings Ltd. said its normalized net income for the fiscal second quarter ended Sept. 30 amounted to 1 Singapore cents per share, a decline of 73.1% from 5 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was S$12.5 million, a decrease of 72.6% from S$45.5 million in the prior-year period.

The normalized profit margin declined to 32.6% from 145.2% in the year-earlier period.

Total revenue climbed 22.3% year over year to S$38.3 million from S$31.3 million, and total operating expenses rose on an annual basis to S$39.0 million from S$37.3 million.

Reported net income fell 69.7% year over year to S$18.6 million, or 2 cents per share, from S$61.2 million, or 7 cents per share.

As of Nov. 11, US$1 was equivalent to S$1.42.