Corporate digest

Oxley Holdings

PROPERTY developer Oxley Holdings posted a jump in net profit for the first quarter ended September to S$35 million from S$10 million a year ago. Revenue rose to S$434 million from S$120 million led by revenue recognition from the group's industrial property development Ecotech @ Sunview using the completion of construction method as the development received its temporary occupation permit over the quarter. Earnings per share came in higher at 1.19 Singapore cents from 0.34 cent a year ago. Oxley has declared an interim dividend of 0.50 Singapore cent per share versus none a year ago.

Nordic Group