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BWL - 9M2020 as at 30 Sep 2020
Rev $344m (vs $266m)
GP $256m (vs $195m)
NP $ 69m (vs $ 61m)
While certain markets continue to show signs of easing, the Covid-19 situation remains very volatile for other markets. The Group recognizes its role as a responsible corporate citizen and will not hastily hold any marketing events that might potentially compromise our members’ health. In view of these uncontrollable factors, we remain cautious about the Group’s performance outlook for the next 12 months.
No dividends have been declared or recommended by the Board for the financial period ended 30 September 2020 as the Board has decided to conserve cash in the face of heightened economic volatility and business uncertainty moving forward, with consideration of the current short and medium term commitments, especially in relation to the construction of our Tuas facility as well as second tranche investment in Pedal Pulses Limited, should the vendors exercise their put option during the put option period.
https://links.sgx.com/FileOpen/2020%2011...eID=638763
Stay home and stay safe, everyone.
Rev $344m (vs $266m)
GP $256m (vs $195m)
NP $ 69m (vs $ 61m)
While certain markets continue to show signs of easing, the Covid-19 situation remains very volatile for other markets. The Group recognizes its role as a responsible corporate citizen and will not hastily hold any marketing events that might potentially compromise our members’ health. In view of these uncontrollable factors, we remain cautious about the Group’s performance outlook for the next 12 months.
No dividends have been declared or recommended by the Board for the financial period ended 30 September 2020 as the Board has decided to conserve cash in the face of heightened economic volatility and business uncertainty moving forward, with consideration of the current short and medium term commitments, especially in relation to the construction of our Tuas facility as well as second tranche investment in Pedal Pulses Limited, should the vendors exercise their put option during the put option period.
https://links.sgx.com/FileOpen/2020%2011...eID=638763
Stay home and stay safe, everyone.