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Frasers Centrepoint's Q3 earnings fall on lower development profits

Published Fri, Aug 5, 2016 · 09:50 PM

Singapore

FRASERS Centrepoint (FCL) on Friday posted a 62.4 per cent drop in its attributable profit to S$68.2 million for its third quarter ended June 30, 2016.

After fair value change and exceptional items, net profit still fell - but by a milder 15.1 per cent to S$154 million. Revenue fell 32.5 per cent to S$682.1 million.

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