Frasers Property Q2 earnings up 8.3% to S$120.5m; to pay out 2.4 Singapore cents per share

FRASERS Property’s net profit rose 8.3 per cent to S$120.4 million for its second quarter ended March 31, from S$111.1 million a year ago, mainly supported by the timing of sales and settlements of development projects in Australia, it said on Friday morning before the market opened.

The group said it benefited from the first full half-year contribution from its business park portfolio in the UK, as well as contributions from Frasers Tower and the south wing of Northpoint City in Singapore. It also recognised profits from residential developments after project completions and settlements, mainly from Australia and China.Revenue for Q2 increased 11.1 per cent to S$934.3 million, from S$841.1 million in the previous year.The board declared a 2.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Open for businessFRASERS HOSPITALITY Frasers Property Group, the leading provider of serviced residences and hotels, has opened Fraser Residence Orchard, a fully furnished serviced residence. It is designed to accommodate the needs of both business and leisure travellers. Every...
مصدر: thenewpaper - 🏆 7. / 63 اقرأ أكثر »

Nintendo shares fall as much as 5per cent after conservative earnings guidanceNintendo Co Ltd's shares fell as much as 5 percent in early Tokyo trading, a day after the gaming company offered conservative earnings guidance ...
مصدر: ChannelNewsAsia - 🏆 6. / 66 اقرأ أكثر »