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Yeo Hiap Seng posts 49% drop in 2Q earnings to $4.4 mil; declares special dividend of 1 cent per share

Stanislaus Jude Chan
Stanislaus Jude Chan • 1 min read
Yeo Hiap Seng posts 49% drop in 2Q earnings to $4.4 mil; declares special dividend of 1 cent per share
SINGAPORE (Aug 5): Yeo Hiap Seng saw its earnings halved to $4.4 million for the 2Q19 ended June, from $8.8 million a year ago.
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SINGAPORE (Aug 5): Yeo Hiap Seng saw its earnings halved to $4.4 million for the 2Q19 ended June, from $8.8 million a year ago.

Earnings per share (EPS) fell to 0.76 cent in 2Q19, compared to 1.51 cents in 2Q18.

The decline was largely due to lower other gains from financial assets, foreign currency translation and disposal of property, plant and equipment.

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