This was partially due to lower occupancy at Elite Residences Shanghai, which was affected by shorter tenancy leases introduced pending the completion of a proposed disposal.
SINGAPORE (Nov 2): HL Global Enterprises posts a 45.2% decline in earnings to $276,000 in the 3Q ended September, from $504,000 a year ago.
Revenue fell 15.3% to $3.1 million for 3Q17, from $3.7 million a year ago.

