The Business Times

Oxley Holdings expects net loss for H2, FY2024 earnings

Yong Jun Yuan

Yong Jun Yuan

Published Fri, Aug 23, 2024 · 11:20 PM
    • The company attributed the projected red ink to impairment losses, finance costs, and lower revenue recognised from the group’s property development projects.
    • The company attributed the projected red ink to impairment losses, finance costs, and lower revenue recognised from the group’s property development projects. PHOTO: BT FILE

    PROPERTY developer Oxley Holdings said on Friday (Aug 23) that it expects to post a net loss for both the second half and full year ended Jun 30, 2024.

    In a bourse filing, the company attributed this to impairment losses, finance costs, and lower revenue recognised from the group’s property development projects.

    The company will release its unaudited financial results on or before Aug 29.

    Shares of Oxley closed at S$0.077 on Friday, down S$0.001 or 1.3 per cent, before the announcement.

    oxley holdingsFinancial results

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More