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