Property developer Oxley sparkles in March quarter
Profit surges 329% to S$51.2m; revenue up 33% to S$202.6m
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
HOMEGROWN property developer Oxley Holdings racked up an impressive showing for the March quarter, reporting an over-300 per cent jump in net income attributable to its shareholders.
Its net profit surged to S$51.2 million for the three months ended March 31, 2016, up 329 per cent from the S$11.9 million recorded the year before.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?