pstrongAttributable profit for the period was $83.8m./strong/p pFraser and Neave Limited (F&N) reported a 52.5% year-over-year (YoY) increase in its attributable profit before exceptional items for the first half of 2024, despite weakness in regional currencies.
Fraser and Neave Limited reported a 52.5% year-over-year increase in its attributable profit before exceptional items for the first half of 2024, despite weakness in regional currencies. F&N attributed its strong financial position to its food and beverage segment, which grew 4% YoY to $929.8m. Excluding adverse forex translation, F&B 1H2024 revenue improved 8% YoY.
Lower revenue in the Publishing & Printing segment, however, impacted the 1H24 performance of the company. The P&P segment recorded a 14% YoY lower revenue of $112.9m, driven by reduced print orders and the closure of unprofitable business units....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.United Hampshire NPI suffers 1.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
LHN Limited Warns of a profit dip in 1H24pstrongIt expects a $14.5m profit for the period./strong/p pSGX-listed LHN Limited warned shareholders of a lower net profit before tax from continuing operations and discontinued operations of $14.5m for 1H24./p pIn 1H23, the company recorded a $20.3m profit.
Read more »
Singapore property tax hike dents FHT's 1H24 bottom linepstrongIn 1H24, the REIT reported a 1.3% YoY lower NPI./strong/p pThe increase in Singapore property taxes has negatively impacted Frasers Hospitality Trust's (FHT) net property income (NPI) for the 1H24 period./p pIn its latest financial statement, FHT reported a 1.3% YoY lower NPI of $44.7m.
Read more »
Frasers Property Limited Expects Significant Decrease in 1H24 ProfitFrasers Property Limited anticipates a decline in its attributable profit for the first half of 2024 due to fair value losses and impairment on certain commercial properties in the UK.
Read more »
CICT NPI rises 6.3% YoY to $293.7M in 1Q24pstrongGross rental income growth and lower operating expenses drove the uptick./strong/p pCapitaLand Integrated Commercial Trust (CICT) saw its net property income (NPI) increase 6.3% YoY to $293.7m in 1Q24, driven by gross rental income growth and lower operating expenses./p pThe REIT also posted a 2.
Read more »
CapitaLand Malaysia Trust reports a 36.8% YoY jump in DPUpstrongThe firm’s distributable income also improved, rising 69.8% in 1Q24./strong/p pCapitaLand Malaysia Trust (CLMT) reported a distribution per unit (DPU) of 1.19 sen ($0.0106) in 1Q24, translating to a 36.8% YoY increase. /p pIn the same period, distributable income rose 69.8% to RM33.6m ($301,795) from RM19.8m ($177,903) in 1Q23.
Read more »
Manufacturing output drops 3.2% YoY in MarchpstrongExcluding the biomedical manufacturing segment, output would’ve decreased by 5.9% YoY./strong/p pSingapore’s manufacturing output fell by 3.2% YoY and 16.0% MoM, the latest data released by EDB Singapore revealed./p pExcluding biomedical manufacturing, which recorded a 34.
Read more »