SUBSCRIBERS
Oxley's Q2 earnings dive 90%
Net profit dips to S$3.56m even as turnover falls by 12.5% to S$311.2m
Add BT as a preferred source
Annabeth Leow
Published Mon, Feb 10, 2020 · 09:50 PM
Singapore
MAINBOARD-LISTED developer Oxley Holdings saw its second-quarter earnings decimated by a sharp decrease in other gains, on the absence of a fair-value gain as an investment property in Dublin was revalued, according to results posted on Monday.
The group's second-quarter net profit plummeted by 90 per cent year-on-year to S$3.56 million for the three months to Dec 31, 2019.
Copyright SPH Media. All rights reserved.
