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Oxley Holdings' Q1 profit balloons to $250.8m

Strong performance largely driven by revenue recognition from Oxley Bizhub

[SINGAPORE] Formerly known as the king of shoebox units, Oxley Holdings has made it to the big boys' table, with net profit for the first quarter ended September surging to a record $250.8 million, from just $6.6 million a year ago.

For the quarter under review, revenue soared to $686...