Roxy-Pacific posts record earnings, proposes higher dividend
Property and hospitality group Roxy-Pacific Holdings almost doubled its fourth quarter net profit to $44.8 million from $23.5 million previously.
Revenue for the three months to Dec 31 trebled to $169.7 million compared to $56.2 million in the same period in 2012.
For the full year, Roxy-Pacific turned in record earnings of $92.2 million, up 58 per cent.
Revenue surged by 94 per cent to $369 million.