Neo Teck Pheng

Property

First Sponsor Group bets on Europe, not China, to boost profits

SINGAPORE (May 24): Less than four years after its public offering as a play on China’s red-hot property market, Singapore’s First Sponsor Group is banking on continental Europe to fuel earnings growth.

Results

First Sponsor’s 1Q earnings rise 16.4% to $14.2 mil on Millennium Waterfront project sales

SINGAPORE (April 27): First Sponsor Group has declared $14.2 million in earnings for the first quarter ended March 31, which is 16.4% higher compared to $12.2 million in 1Q16 on higher revenue and marks the 10th consecutive q-o-q profit growth since its I

Results

First Sponsor’s 3Q earnings rise 13.1% to $19.3 mil on higher revenue

SINGAPORE (Oct 26): First Sponsor Group posted a 13.1% growth in 3Q16 earnings to $19.3 million from $17.1 million the year before on higher revenue.

Results

First Sponsor's 2Q earnings rise to $8.6 mil

SINGAPORE (July 27): First Sponsor property group reported a 12.9% rise in 2Q earnings to $8.6 million in 2Q16 on higher revenue.
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