Floating Button
Home Capital Results

UOL 3Q earnings down more than sixfold to $93 mil post UIC consolidation

Michelle Zhu
Michelle Zhu • 2 min read
UOL 3Q earnings down more than sixfold to $93 mil post UIC consolidation
SINGAPORE (Nov 13): UOL Group announced $92.8 million in earnings for the 3Q ended Sept, down more than sixfold from its restated 3Q17 earnings of $609.2 million in the absence of a one-off gain from the consolidation of United Industrial Corporation (UIC
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Nov 13): UOL Group announced $92.8 million in earnings for the 3Q ended Sept, down more than sixfold from its restated 3Q17 earnings of $609.2 million in the absence of a one-off gain from the consolidation of United Industrial Corporation (UIC) group in 2017.


Revenue for the quarter fell 3% to $523.8 million from $537.9 million a year ago on lower revenue from property development, which more than offset revenue contributions from property investments, hotel ownership & operations, as well as management services and technologies.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.