Sunday 8 May 2016

Oxley Holdings - RHB Invest 2016-05-09: 3QFY16 net profit a jump of 330% y/y

Oxley Holdings - RHB Invest 2016-05-09: 3QFY16 net profit a jump of 330% y/yOXLEY HOLDINGS LIMITED 5UX.SI 

Oxley Holdings - 3QFY16 net profit a jump of 330% y/y

  • Oxley Holdings (OHL SP) reported 3QFY16 net profit of S$51m, a jump of 330% y/y, bringing the group's cumulative profits for the nine months ended March 2016 to $132m. 
  • During the quarter, the group booked in profits from seven of its residential and mixed development projects in Singapore, as well as a $25.7m gain generated from the sale of its investment property, Chiba Port Square, in Japan. 
  • The group also declared an interim dividend of 0.4cents/share for the quarter. 
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