A $28 million gain on disposal of a joint venture (JV) company due to the disposal of Buildhome, which owns residential project, The Lumos, was recorded over the quarter.
SINGAPORE (Nov 7): Heeton Holdings has announced $27.2 million in earnings for 3Q17, turning around from its loss of $11.2 million in the same period a year ago on one-off gains recorded during the quarter.
Revenue fell 30.6% to $13 million from $18.8 million previously on lower rental income from investment properties, hotel operation income and management fees as well as proceeds from the sales of the group's residential projects.
