The cooperation fee income from Sim Leisure Gulf Contracting, under the cooperation agreement entered between Sim Leisure Group’s 60%-owned subsidiary, Sim Leisure Creative and SL Gulf, also contributed to the higher profit.
The group’s unaudited results for the FY2022, which ends on Dec 30, 2022, will be released by March 1.
Shares in Sim Leisure Group closed flat at 25.5 cents on Jan 19.
