Emerging Towns & Cities Singapore Flags Loss in Q1; Shares Plunge 13%

MT Newswires

05/04

Emerging Towns & Cities Singapore (SGX:1C0) is expecting to book a loss in the first quarter of the year, according to a Thursday filing with the Singapore Exchange.

Shares of the residential and commercial property developer plummeted nearly 13% in Monday trading.

The company has attributed this to higher staff cost and operating expenses driven by its live streaming e-commerce business.

The company will release its financial figures on or about May 15.

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Cities Singapore (SGX:1C0) is expecting to book a loss in the first quarter of the year, according to a Thursday filing with the <a href=\"https://laohu8.com/S/S68.SI\">Singapore Exchange</a>.</p><p>Shares of the residential and commercial property developer plummeted nearly 13% in Monday trading.</p><p>The company has attributed this to higher staff cost and operating expenses driven by its live streaming e-commerce business.</p><p>The company will release its financial figures on or about May 15.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6512","symbol_name":"房地產股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2632871959","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2632871959","pubTimestamp":1777866319,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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