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Roxy-Pacific's Q2 profit rises 53% to S$19.9m on fair value gains

Published Fri, Jul 29, 2016 · 09:50 PM

Singapore

REAL estate developer Roxy-Pacific Holdings' net profit rose 53 per cent in the second quarter to S$19.9 million as fair value gains from Sydney investment property gave a boost to a more modest top line.

On a per-share basis, net profit was 1.67 Singapore cents for the three months ended June 30, up from 1.09 Singapore cents a year earlier.

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