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Roxy-Pacific posts record earnings, proposes higher dividend

Published on Feb 13, 2014 8:48 PM

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.

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