SUBSCRIBERS
Profit recognition boosts Oxley Q2 net to $25.1m
Published Sun, Feb 9, 2014 · 10:00 PM
OXLEY Holdings said that net profit for its second quarter ended Dec 31, 2013 more than doubled to $25.1 million, from $11.4 million the same period a year ago.
This was mostly due to an accounting requirement that caused the entirety of profit to be recognised for a completed 131-unit commercial and industrial project, The Commerze@Irving.
Profit continued to be recognised for partial completion of 12 mixed-residential proj…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Telegram messaging service to allow Tether stablecoin payments
Hong Kong regulator to probe PwC auditing role over Evergrande
US: S&P, Dow open flat as Middle East jitters ease, Netflix weighs on Nasdaq
DBS puts 46 retail units, HDB shops on market for S$210 million
China to facilitate Hong Kong IPOs and expand Stock Connect
Global equity funds see surge in outflows as rate cut hopes fade