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Frasers Property reports 8.6% higher 3Q earnings of $198 mil

PC Lee
PC Lee8/8/2018 11:04 PM GMT+08  • 2 min read
Frasers Property reports 8.6% higher 3Q earnings of $198 mil
SINGAPORE (Aug 8): Frasers Property, the real estate group formerly known as Frasers Centrepoint, reported 3Q earnings of $198.1 million, up 8.6% from a year ago.
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SINGAPORE (Aug 8): Frasers Property, the real estate group formerly known as Frasers Centrepoint, reported 3Q earnings of $198.1 million, up 8.6% from a year ago.

Revenue fell 2.7% to $1.36 billion, boosted by maiden contributions from the industrial and logistics parks in continental Europe and the business parks in the UK.

Singapore residential properties reported higher revenue and PBIT of $562 million and $82 million respectively, compared to the corresponding quarter last year.

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