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Home / Capital / Brokers Calls

Analysts remain positive on Frasers Property despite mixed 3Q performance

Broker's Calls

Analysts remain positive on Frasers Property despite mixed 3Q performance

Samantha Chiew Published on Mon, Aug 13, 2018 / 11:06 AM GMT+8

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SINGAPORE (Aug 13): Frasers Property last week announced that its 3Q18 earnings increased 8.6% y-o-y to $198.1 million.

Revenue dropped by 2.7% y-o-y to $1.36 billion mainly caused by slower sales from Australia, hospitality, Europe and rest of Asia segments, partly offset by higher Singapore contributions.

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