Article: Singapore: Bonvests' Q3 net profit falls 21%, to privatise Colex.(Financial report)

Byline: yunus205

Bonvests Holdings Limited on Thursday reported a 21 per cent year-on-year fall in its third quarter net profit to S$7.65 million.

Earnings per share fell to 1.90 cents compared to 2.41 cents a year ago.

Revenue was down 11 per cent at S$59.49 million.

This was due mainly to no progressive revenue recognition of villa sales in Tunis from the Property Development Division as almost all progressive revenue had been ...

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