Brief: UOL Group Q3 net profit attributable S$87.1 mln

UOL

10/11/2016 09:46

Nov 10 (Reuters) - UOL Group Ltd  UTOS.SI  :  
    * Q3 net profit attributable to equity holders S$87.124 
million versus S$100.8 million year ago 
    * Q3 revenue S$393.4 million versus S$354.0 million a year 
ago 
    * Weak global economic outlook will continue to weigh on 
performance of group's hotels 
    * No dividend has been declared or recommended for q3 ended 
30 september 2016 
    * Demand for new homes is expected to remain sluggish 
    * Retail rents are likely to remain subdued as market is 
still undergoing structural changes 
    * Large influx of upcoming supply in next one to two years 
coupled with soft demand will put pressure on office rentals 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ9q40RJ 
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