Home Capital Results

Oxley's earnings for 1HFY2022 up 3% to $23.5 mil despite lower revenue, NPAT

Felicia Tan
Felicia Tan2/11/2022 10:48 AM GMT+08  • 4 min read
Oxley's earnings for 1HFY2022 up 3% to $23.5 mil despite lower revenue, NPAT
1HFY2022 revenue fell 13% y-o-y to $506.4 million due to lower revenue contribution from Oxley's Royal Wharf project in the UK.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Home-grown property developer Oxley Holdings has reported earnings of $23.5 million for the 1HFY2022 ended December, 3% higher than earnings of $22.7 million.

This came despite the decline in revenue for the 1HFY2022 and net profit after tax (NPAT).

During the period, revenue fell 13% y-o-y to $506.4 million due to lower revenue contribution from Oxley’s Royal Wharf project in the UK. This was partly offset by higher revenue from the development projects in Singapore and sale of land parcels in Australia.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.