Wheelock's Q4 loss widens, but profit up 7.7% for FY14

Singapore

LUXURY property developer Wheelock Properties (Singapore) saw its net loss for the quarter ended December 2014 widen from S$91.3 million to S$103.1 million. Revenue for the quarter fell 7.2 per cent, from S$28.98 million to S$26.90 million.

For the full year ended December, net profit rose 7.7 per cent to S$43.1 million. Revenue dropped 15.4 per cent to S$99.0 million.