You are here

Twin Peaks sales, divestment prop up OUE results

Net profit still down 7.7%; revenue boosted by divestment of Crowne Plaza Changi Airport Extension
Saturday, February 18, 2017 - 05:50


BRISK condominium sales and a hotel divestment propelled property developer OUE Limited to a net profit of S$144.4 million for its financial year ended Dec 31, 2016.

However, net profit was 7.7 per cent lower than the S$156.4 million recorded in 2015, due to higher

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