Far East Orchard

Results

Far East Orchard 2Q17 earnings tumble to $1 mil on absence of one-time profits from SBF Center

SINGAPORE (Aug 2): Property group Far East Orchard posted a 97.3% fall in 2Q17 earnings to $1 million from $37 million in 2Q16.

GIC appoints Koh Boon Hwee as director of board from Aug 14

SINGAPORE (Aug 1): Singapore sovereign wealth fund GIC has announced Koh Boon Hwee, a member of the GIC Investment Board since Jan 2016, as the director of the GIC Board with effect from Aug 14.

Results

Far East Orchard 1Q earnings fall 67% to $5.6 mil

SINGAPORE (April 25): Far East Orchard has posted earnings of $5.6 million for the first quarter ended March, falling 66.8% from $16.9 million a year ago.

Results

Far East Orchard full year earnings more than double to $65 mil

SINGAPORE (Feb23): Far East Orchard posts earnings of $65.0 million for the full year ended Dec 31, 2016, more than double from earnings of $29.1 million a year ago.

Results

Far East Orchard’s 3Q earnings more than double to $10.5 mil

SINGAPORE (Nov 10): Far East Orchard has reported earnings of $10.5 million for 3Q16, more than double the $4.1 million earnings in 3Q15.

Far East Orchard’s 2Q earnings surge on higher share of JV profits

SINGAPORE (July 30): Far East Orchard’s (FEO) 2Q16 earnings rose to $37 million with most coming from share of profits from its joint venture development project, SBF Center. In 2Q15, FEO registered earnings of $5.5 million.
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