Economy & businessUpdated
Singer’s quarterly profit falls 4% as finance costs more than double
From Daily Mirror ·
Headline from Daily Mirror
1 outlet · 1 report · latest EN 1English 1 · all privateOwners: all private.
AI summary · 1 min read
1 min readFrom 1 outlets- Daily Mirror reports that Group profit declined 4% in the September quarter.
- Daily Mirror reports that operating profit rose 20%.
- Daily Mirror attributes the decline to higher finance costs and financial-services taxes.
Daily Mirror reports that Singer (Sri Lanka) PLC recorded a 4% fall in Group profit for the quarter ending in September.
Daily Mirror reports that operating profit increased by 20%, but higher finance costs and taxes on financial services more than offset that growth.
Based on: Daily MirrorWritten by AI from Daily Mirrorthese outlets’ reports. Not reviewed by an editor. It can be wrong — the original reports are the authority. .
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Earlier coverage
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