SINGAPORE (May 14): Real estate agency PropNex posted earnings of $7.6 million for 1QFY2020 ended March, some 278.8% higher than earnings of $2.0 million a year ago. 

This lifted earnings per share (EPS) for the group by 280% to 2.05 cents from 0.54 cents in the corresponding quarter last year. 

This was primarily attributable to a 82.7% increase in revenue to $135.6 million from $74.2 million last year due to increases in commission income from agency services, and project marketing services due to the higher number of transactions. 

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