Metro Swings to Attributable Loss in Fiscal H1 as Revenue Slides 14%

MT Newswires

11/17

Metro (SGX:M01) booked an attributable loss to the owners of SG$16.0 million for the fiscal half ended Sept. 30, against an attributable profit of SG$3.3 million a year earlier, according to a Friday filing with the Singapore Exchange.

Shares of the company were down nearly 3% in Monday trading.

Loss per share came in at SG$0.019 compared with earnings per share of SG$0.04 in the comparable period.

Revenue meanwhile, declined 14% year over year to SG$41.6 million from SG$48.4 million, due to lower revenue from the property division.

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