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Biosensors Q3 net profit surge on investment gains!
By Dou  •  February 8, 2012

On 08/Feb, Singapore shares ended higher helped by signs of progress over debt restructuring talks in Greece.

STI ended higher at 2982.20 (0.8%) with HIGH VOL of 3.33 billion shares traded compared with 2.59 billion shares Tuesday. In the broader market, gainers outnumbered losers 373 to 109. Today STI had another strong bull run as gains for overall market were broad-based.

Headline in STI

After market close

Raffles Education Corp Ltd half year net profit soar 236% to $21.24 million compared with $6.33 million a year ago due to a $9 million gain on disposal of an available-for-sale financial asset in an unquoted equity interests acquired as part of the previous acquisition of Oriental University City.

Biosensors International Group Ltd 3Q net profit was US$291.54 million from gain on remeasurement of joint-venture company, and realization of translation difference in investment of the JV. ...

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By Dou
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