Frasers Property's full-year net profit rises 10% to S$759m
Revenue grew 7.1% to S$4.31b for the 12 months ended Sept 30
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
FAIR-value gains, the timing of sales settlements of development projects in Singapore and Australia, and maiden contributions from the business parks in the United Kingdom lifted results for Frasers Property for its 2018 financial year.
Net profit increased 10.1 per cent to S$759 million from the previous year, while revenue grew 7.1 per cent to S$4.31 billion for the 12 months ended Sept 30.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts