You are here

Oxley's Q2 profit down 45% on lower revenue, thinner margins

Earnings also hit by fair value loss of S$17m on financial instruments; company proposes one-for-five bonus share issue


LOWER turnover and thinner margins for projects sold in the second fiscal quarter, coupled with a fair value loss of nearly S$17 million on financial instruments, took a toll on Oxley Holdings' earnings.

For the three months ended Dec 31, 2017, net profit dived 45 per...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to