February 27, 2020 / 12:33 PM / a month ago

BRIEF-Yeo Hiap Seng Posts FY Net Profit For Period Attributable S$17.7 Mln Vs S$12 Mln

Feb 27 (Reuters) - Yeo Hiap Seng Ltd:

* FY NET PROFIT FOR PERIOD ATTRIBUTABLE S$17.7 MILLION VERSUS S$12 MILLION

* FY REVENUE S$364.3 MILLION VERSUS S$348.6 MILLION

* PROPOSED FINAL DIVIDEND OF 2 CENTS PER ORDINARY SHARE AND ONE-TIME SPECIAL DIVIDEND OF 1 CENT PER ORDINARY SHARE, TAX EXEMPT

* “OUTBREAK OF NOVEL CORONAVIRUS IN BEGINNING OF 2020 IS EXPECTED TO PUT OUR REVENUE AND MARGIN UNDER PRESSURE”

* “ON REVENUE... WE EXPECT AN OVERALL WEAKENING IN CONSUMER SPENDING FROM BUSINESS DISRUPTION” Source text for Eikon: Further company coverage:

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