Singapore Power has reported a 70% net profit drop to S$412 million for the year to March 31. (US$1=S$1.78). The figure was also 31% below projection. It said the record profits of the previous fiscal year were due to a one-time S$638 million gain made from selling off its 25.5% stake in fixed- and mobile…
SINGAPORE: Singapore Power profit down 70% to S$412m, also 31% below projection
Posted on September 25, 2002 by EnergyAsia