Summary: Metro reported a net loss of $228.1 million for the second half ended March, primarily due to non-cash fair-value and impairment losses from its China real estate exposure. Revenue declined by 14.6% to $56.2 million, with lower contributions from retail, property rights sales, and rental income. A final dividend of two cents per share was proposed.

Link: https://www.straitstimes.com/business/companies-markets/metro-sinks-into-the-red-with-second-half-loss-of-228-1-million