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5DP — Heeton Holdings News Story

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Singapore's Heeton Holdings half-year revenue rises, loss narrows

Singapore's Heeton Holdings half-year revenue rises, loss narrows


Overview

  • Singapore property developer's half-year revenue rose 1% yr/yr

  • Company reported net loss for the period, narrowing from previous year

  • No analyst estimates provided for revenue or net loss


Outlook

  • Company did not provide specific guidance or outlook in the interim financial statements


Result Drivers

  • OTHER OPERATING INCOME - Higher other operating income contributed to improved results

  • LOWER FINANCE EXPENSES - Finance expenses fell 11.1% yr/yr, supporting narrower net loss


Company press release: ID:nSN9n2llr


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

H1 Revenue

S$37.25 mln

H1 Net Loss

S$1.33 mln


Reuters Recommended Reads

  • Aug 6 - Singapore's Far East Orchard HY revenue more than doubles

  • Aug 6 - Singapore's Tuan Sing Holdings H1 net profit drops on weaker investments and hospitality

  • Aug 5 - Singapore's Hock Lian Seng half-year revenue falls 50.9%, posts loss


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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