The stronger full year bottomline comes despite FY17 revenue falling more than half to $263.2 million from $544.5 million a year ago due to lower contributions from development properties.
SINGAPORE (Aug 24): Property group Wing Tai Holdings has announced earnings of $20.1 million for the FY17 ended June, nearly triple from its earnings of $7.1 million in FY16 on lower distribution expenses and increased share of profits of associated and joint venture companies.
A first and final dividend of three cents per share has been recommended, with the date of dividend payable to be announced later.
