pstrongNet sales fell 5.3% YoY./strong/p pDelfi Limited saw its earnings before interest, taxes, depreciation and amortisation (EBITDA) decline by 8.5% YoY to US$23.3m in 1Q24 amidst lower net sales./p pThe mainboard-listed company’s net sales fell 5.3% YoY to US$150.7m.
Delfi’s earnings drop 8.5% YoY as sales slump to $150.7m in 1Q24Healthcare sector sees renewed interest from corporate buyersION Orchard marks 15 years as a premier retail destinationIn a celebration of their business turnaround and a win at the SBR National Business Awards for Manufacturing, Christopher Kamalaraj, Group COO & SVP The APAC Region of Cladtek Holdings Pte Ltd, details their transformative initiative, iN-Shield.
uncovers bid-rigging scheme by Tarkus and Flex ConnectIn a celebration of their business turnaround and a win at the SBR National Business Awards for Manufacturing, Christopher Kamalaraj, Group COO & SVP The APAC Region of Cladtek Holdings Pte Ltd, details their transformative initiative, iN-Shield.
uncovers bid-rigging scheme by Tarkus and Flex Connect
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Golden Agri Resources net profit plunges 60% YoY to US$37m in 1Q24pstrongThe company's gross profit and EBITDA also declined./strong/p pGolden Agri Resources (GAR) recorded a net profit of $50m (US$37m) in 1Q24, a 60% drop from $124m (US$92m) in 1Q23./p pThe company's gross profit and EBITDA also declined in 1Q24, falling by 12% to $577m (US$427m) and 6% to $311.78m (US$231m), respectively.
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Venture Corp net profit drops 18.3% YoY in 1Q24pstrongRevenue for the period also fell./strong/p pVenture Corporation registered a net profit of $60.1m in 1Q24, a decrease of 18.3% YoY./p pNet profit margin stood at 9.0% due to its increasing focus on operational execution and productivity enhancements./p pThe company's revenue also fell 18.9% YoY to $666.
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Daiwa House Logistics Trust NPI up 4.6% YoY in 1Q24pstrongIts gross rental income also rose 1.9%./strong/p pSGX-listed Daiwa House Logistics Trust (DHLT) registered a net property income of JPY1.2b ($8.74m) in 1Q24, reflecting a 4.6% YoY increase./p pThe company attributed its improved performance to higher portfolio occupancy./p pGross rental income rose 1.9% YoY to JPY1.
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