Metro second-half profit drops 68.4% to $5.4 million
The Straits Times - Business·2022-05-27 14:16
Net profit for H2 stood at $5.4 million, compared with $17 million posted the same period a year ago. PHOTO: METRO HOLDINGS LIMITED
SINGAPORE (THE BUSINESS TIMES) - Retail and property firm Metro Holdings on Friday (May 27) posted a 68.4 per cent fall in net profit for the second half-year ended March 31, dragged by lower revenue, impairment losses and a lower share of profit from joint ventures.
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