FY16 earnings came in at $35.1 million, 39.6% lower than the $58.1 million posted a year ago.
SINGAPORE (Feb 8): Perennial Real Estate Holdings, the integrated real estate and healthcare company, reported 37.8% lower earnings of $25.6 million in 4Q16.
This was mainly due to lower share of operating results from joint ventures, lower net fair value gains on revaluation of investment properties and impairment provision.
