SINGAPORE (Oct 28): Roxy-Pacific saw 3Q earnings tumble 39% to $8.1 million from a year ago as cost of sales outstripped revenue growth.
Revenue increased 4% to $90.9 million mainly from the Property Development segment which rose 5% to $76.2 million on revenue recognition from Trilive, LIV on Sophia and LIV on Wilkie.
Revenue from Hotel Ownership fell 2% to $11.5 million while revenue from Property Investment fell 0.4% to $3.2 million respectively.
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