Amara Holdings' fiscal 2018 earnings up 35%

SINGAPORE - Amara Holdings reported a 35 per cent jump in fiscal 2018 profit to $32.0 million from $23.7 million the previous year.

Earnings per share was 5.56 cents, up from 4.12 cents.

It declared a final dividend of one cent and a special dividend of one cent. It paid a final dividend of one cent the year ago.

Revenue for the 12 months ended Dec 31 rose 16 per cent to $104.2 million, from FY2017's $89.8 million, due to higher revenue in its hotel investment and management segment.