<div class=newsTextDataWrapInner>SINGAPORE (Feb 25): The Straits Trading Company posted earnings of S$29.7 million for 4QFY2019 ended December, more than double than earnings S$14.1 million for the corresponding quarter last year.&nbsp;</div>

<div class=newsTextDataWrapInner>This lifted the group’s full-year earnings to S$84.4 million, some 17.6% higher than earnings of S$71.7 million reported in FY2018, representing the highest earnings recorded by the group since FY2014.&nbsp;</div>

<div class=newsTextDataWrapInner>As at end December, Straits Trading owns a 54.8% stake in Malaysia Smelting Corporation Berhad, a 30% stake in Far East Hospitality Holdings and a 21% stake in ARA Asset Management.&nbsp;</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>Revenue for the quarter fell 33.1% y-o-y to<a href="https://www.theedgesingapore.com/capital/results/straits-tradings-4q-earnings-double-297-mil-full-year-earnings-lifted-5-year-high" target="_blank">...(click on link for full story on theedgesingapore.com)</a></div>

SINGAPORE (Feb 25): The Straits Trading Company posted earnings of S$29.7 million for 4QFY2019 ended December, more than double than earnings S$14.1 million for the corresponding quarter last year.  This lifted the group’s full-year earnings to S$84.4 million, some 17.6% higher than earnings of S$71.7 million reported in FY2018, representing the highest earnings recorded by the group since FY2014. 

As at end December, Straits Trading owns a 54.8% stake in Malaysia Smelting Corporation Berhad, a 30% stake in Far East Hospitality Holdings and a 21% stake in ARA Asset Management.

Straits Trading's 4Q earnings double to S$29.7 mil, full-year earnings lifted to 5-year high of S$84.4 mil

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