Roxy-Pacific Q1 profit up 29% at $15.1m

Singapore

ROXY-PACIFIC Holdings' net profit for the first quarter ended March has risen 29 per cent to $15.1 million, from $11.7 million a year ago.

This was on the back of revenue surging 48 per cent to $79.5 million, compared to $53.7 million a year ago, thanks to stronger performance from the property development and hotel ownership segments.