Brief: UOL Group Posts HY Revenue S$1.37 Billion

UOL

10/08/2023 10:28

Aug 10 (Reuters) - UOL Group Ltd  UTOS.SI :
    * HY REVENUE S$1.37 BILLION VERSUS S$1.53 BILLION
    * HY NET PROFIT ATTRIBUTABLE S$135.0 MILLION VERSUS S$371.0
MILLION
    * SINGAPORE'S HOSPITALITY SECTOR IS LIKELY TO CONTINUE ITS
GROWTH
IN NEXT 12 MONTHS
    * HOSPITALITY BUSINESS OF GROUP SHOULD BENEFIT FROM RECOVERY
IN
HOSPITALITY SECTOR
    * ON RESIDENTIAL PROPERTY MARKET, UOL EXPECTS GROWTH TO BE
SUBDUED
IN NEXT 12 MONTHS
    * RETAIL RENTS ARE EXPECTED TO REMAIN SUPPORTED BY LOW
PIPELINE
SUPPLY OF SPACES

Source text for Eikon:  ID:nSN2PFdfc 
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