The Board of Directors of Emerging Towns & Cities Singapore Ltd. announced that the Group is expected to report a loss for the first quarter ended 31 March 2024, based on a preliminary review of the unaudited financial results of the Group for first quarter of 2024. The expected loss is mainly attributable to the following: (a) higher selling and distribution expenses mainly due to higher sales commission expenses in the Golden City project in first quarter of 2024; and (b) higher administrative expenses mainly due to higher foreign exchange losses incurred in the Golden City project in first quarter of 2024.
Emerging Towns & Cities Singapore Ltd.
Equities
1C0
SG1DD5000009
Real Estate Development & Operations
Market Closed -
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5-day change | 1st Jan Change | ||
0.034 SGD | -2.86% | -.--% | -.--% |
05-16 | Emerging Towns & Cities Narrows Attributable Loss in Q1 | MT |
05-15 | Emerging Towns & Cities Singapore Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
1st Jan change | Capi. | |
---|---|---|
-.--% | 24.82M | |
+17.86% | 25.35B | |
+22.76% | 24.85B | |
-17.11% | 24.55B | |
-3.93% | 24.58B | |
+1.45% | 19.58B | |
+25.04% | 19.24B | |
-0.25% | 19.01B | |
+55.81% | 18.98B | |
-4.65% | 15.43B |
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- Emerging Towns & Cities Singapore Ltd. Provides Group Earnings Guidance for the First Quarter Ended 31 March 2024