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Wheelock's Q4 loss widens, but profit up 7.7% for FY14

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Mindy Tan

Mindy Tan

Published Tue, Feb 24, 2015 · 09:50 PM

    Singapore

    LUXURY property developer Wheelock Properties (Singapore) saw its net loss for the quarter ended December 2014 widen from S$91.3 million to S$103.1 million. Revenue for the quarter fell 7.2 per cent, from S$28.98 million to S$26.90 million.

    For the full year ended December, net profit rose 7.7 per cent to S$43.1 million. Revenue dropped 15.4 per cent to S$99.0 million.

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