Brief: Far East Orchard Posts FY Profit Attributable Of S$26 Million
21/02/2020 13:33
Feb 21 (Reuters) - Far East Orchard Ltd FARE.SI :
* FY PROFIT ATTRIBUTABLE S$26 MILLION VERSUS S$32.9 MILLION
* FY SALES S$156.1 MILLION VERSUS S$150.9 MILLION
* RECOMMENDS FIRST AND FINAL (ONE-TIER TAX EXEMPT) DIVIDEND
OF
6.00 CENTS PER SHARE
* TRAVEL DEMAND EXPECTED TO SLOW AMID COVID-19 OUTBREAK, MAY
IMPACT HOSPITALITY MARKETS OF SINGAPORE AND AUSTRALIA
* IN SINGAPORE MOST OF CO'S MEETINGS, CONFERENCES AND
EXHIBITIONS
FOR Q1 2020 HAVE BEEN CANCELLED OR POSTPONED DUE TO COVID-19
Source text for Eikon: ID:nSNZ9rVByR
Further company coverage: FARE.SI
((Reuters.Briefs@thomsonreuters.com;))
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