Roxy-Pacific posts higher earnings
Posted by luxuryasiahome on November 11, 2008
Roxy-Pacific Holdings posted a 239 per cent year-on-year increase in Q3 net profit to S$8.7 million on the back of a 78 per cent increase in revenue to S$34.9 million.
In the first nine months of this year, Roxy-Pacific’s bottomline leapt 112 per cent to S$21.8 million. Revenue rose 61 per cent to $100 million. The group’s bottomlines for both periods were boosted by strong turnover and gain in fair value of investment properties. Roxy-Pacific is involved in the property and hotel businesses.
Source : Business Times – 11 Nov 2008
