Brief: Far East Orchard Proposed Dividend Of 3 Singapore Cents Per Share For FY
24/02/2022 14:01
Feb 24 (Reuters) - Far East Orchard Ltd FARE.SI :
* PROPOSED DIVIDEND OF 3 SINGAPORE CENTS PER SHARE FOR FY
* FY GROUP REVENUE DECREASED 4.8% YEAR-ON-YEAR TO S$106.8
MILLION
* FY PROFIT ATTRIBUTABLE S$28.1 MILLION VERSUS S$1.5 MILLION
* EXPECTS ITS HOSPITALITY BUSINESS TO CONTINUE TO BE
IMPACTED IN
NEAR TERM
* REMAINS POSITIVE OF POTENTIAL REBOUND IN TOURISM SECTOR IN
LONGER- TERM
* ANTICIPATES THAT ITS FINANCIAL PERFORMANCE FOR FY2022 WILL
CONTINUE TO BE UNDER PRESSURE
Source text for Eikon: ID:nSN768Nnt
Further company coverage: FARE.SI
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