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APAC Realty's 4Q earnings up 60% to $7.9 mil on higher revenue

Michelle Zhu
Michelle Zhu2/23/2018 05:38 PM GMT+08  • 2 min read
APAC Realty's 4Q earnings up 60% to $7.9 mil on higher revenue
SINGAPORE (Feb 23): Real estate services provider APAC Realty announced earnings of $7.9 million for the 4Q ended Dec 2017, up 59.7% from $4.9 million on higher revenue driven by increased real estate brokerage fees and related services.
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SINGAPORE (Feb 23): Real estate services provider APAC Realty announced earnings of $7.9 million for the 4Q ended Dec 2017, up 59.7% from $4.9 million on higher revenue driven by increased real estate brokerage fees and related services.

The latest quarter’s result brings APAC Realty’s earnings for FY17 to $25.9 million, which is 63.1% higher than the $15.9 million posted a year ago.

Group revenue for the quarter grew 62.5% to $129.7 million from $79.8 million in 4Q16.

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