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Fragrance's Q3 profit up 14.3%, revenue falls

Saturday, November 7, 2015 - 05:50
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The new seven-storey industrial building in Geylang,owned by property developer Fragrance Group.Fragrance Group's net profit for the third quarter ended Sept 30, 2015, rose 14.3 per cent to S$27.8 million even as its revenue dropped 52.0 per cent, from S$133.3 million to S$64.0 million.

Singapore

FRAGRANCE Group's net profit for the third quarter ended Sept 30, 2015, rose 14.3 per cent to S$27.8 million even as its revenue dropped 52.0 per cent, from S$133.3 million to S$64.0 million.

The drop in revenue was largely due to a fall in property development revenue.

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