Developer Roxy-Pacific Holdings reported 17% rise in Q2 net profit
Published on Jul 31, 2014 9:12 PM
SINGAPORE - Roxy-Pacific Holdings reported a 17 per cent rise in second-quarter net profit to $22.7 million.
Revenue for the three months to June 30 was up 49 per cent at $102.6 million, compared with a year ago, due to higher revenue from property development and the property investment segments.
Property development contributed an 88 per cent share or $90.7 million to total group turnover.
The hotel segment contributed 11 per cent to group turnover.
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