SUBSCRIBERS
Roxy-Pacific Q1 net profit down 40%
Published Fri, May 5, 2017 · 09:50 PM
Singapore
ROXY-PACIFIC Holdings on Friday posted a 40 per cent decrease in net profit to S$5.91 million for its first quarter ended March 31.
This came on the back of a 36 per cent fall in revenue to S$65.43 million, down from S$102.98 million a year ago - due mainly to lower contribution from the property development and hotel ownership segments.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Tesla’s plan for affordable cars takes page from Detroit rivals
Meituan to debut in Riyadh as expansion beyond China quickens
Mapletree Industrial Trust to distribute S$13 million of divestment gains over next 4 quarters
K-pop agency Hybe’s internal strife wipes out 1.2 trillion won
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
Hong Kong bourse regains favour on hopes of a market revival