You are here

Rowsley swings to net loss of S$4.2m in Q3

Slump in property market and fair value adjustment loss pull down bottomline
Thursday, November 5, 2015 - 05:50

Lock Wai Han.jpg
Rowsley chief executive officer Lock Wai Han noted that the continued slowdown of the Singapore property market made it a "challenging quarter". He added that looking ahead, the group will focus on executing its acquisitions and business plans.


ROWSLEY Ltd, a mainboard-listed company controlled by Singapore billionaire Peter Lim, posted a net attributable loss of S$4.2 million for the third quarter ended September.

This was due to the softer property market in Singapore and a fair value adjustment loss of S$3.8

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom