SLB Development's Loss Widens in Fiscal H1

MT Newswires

2025/01/14

SLB Development's (SGX:1J0) attributable loss widened 5% year over year to SG$4.7 million in the fiscal first half ended Nov. 30, 2024, according to a filing with the Singapore Exchange on Monday.

Earnings per share came in at SG$0.0052 compared with SG$0.0049 in the comparable period.

Revenue was up 41% year over year to SG$503,000 from SG$356,000, mainly due to increased development management fees and distribution income from fund investments.

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