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Property developer Oxley sparkles in March quarter
Profit surges 329% to S$51.2m; revenue up 33% to S$202.6m
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Published Thu, May 5, 2016 · 09:50 PM
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.
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