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Oxley second quarter earnings down 33%

Claudia Chong
Published Mon, Feb 11, 2019 · 09:50 PM

Singapore

PROPERTY developer Oxley Holdings' net profit for the second quarter ended Dec 31, 2018 slid 33 per cent to S$45.2 million from a year ago.

Revenue decreased 12 per cent to S$355.5 million mainly due to lower revenue contribution from a development project in the United Kingdom.