Revenue for the quarter slid 10% to $476.6 million from $526.9 million in the same quarter last year. This was primarily attributable to lower progressive recognition of revenue from development projects such as Principal Garden, The Clement Canopy and Botanique.
SINGAPORE (Nov 12): UOL Group reported earnings of $80.0 million for 3Q19 ended September, some 7% lower than earnings of $85.7 million recorded in the previous year.
This brings the group’s 9M19 earnings to $347.8 million, a 19% increase from $293.0 million in 9M18.
