Roxy-Pacific Q1 net profit falls 31% to S$5.3m as sales costs soar
Roxy-Pacific Q1 net profit falls 31% to S$5.3m as sales costs soar
Wed, May 08, 2019 – 6:35 PM
ROXY-PACIFIC Holdings on Wednesday posted lower net profit for the first quarter ended March 31, despite a near-doubling of revenue as cost of sales soared.
Net profit for the property and hospitality group fell 31 per cent to S$ 5.3 million from S$ 7.7 million a year ago, while revenue was up 91 per cent to S$ 88.5 million from S$ 46.5 million in the corresponding…
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