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Revaluation gains lift Banyan's Q4 profit

Revenue down 6% as fee-based and hotel investment segments post lower sales

"The outlook for our planned property sales in Wenjiang, Chengdu, is positive," says Mr Ho


LIFTED by revaluation gains from its properties in Seychelles, resort operator Banyan Tree chalked up a 13 per cent year-on-year rise in net profit to S$4.13 million for the fourth quarter ended Dec 31, 2014.

Revenue fell 6 per cent to S$91.83 million as both its fee-