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.
To continue reading, log in if you are a subscriber
If you are not a subscriber, you can get instant, unlimited access here