Oxley: 3QFY2016 Net Profit Grew By More Than 3 Times To S$51.2 Million, Outpaces 33% Revenue Growth To S$202.6 Million.

05 May 2016 17:53

9MFY2016 net profit grows 199% to S$132.2 million, which includes a S$25.7 million gain on disposal of a long-term investment in Japan. Locked in S$3.2 billion of total unbilled contract value based on number of units sold. S$2.1 billion unbilled contract value relates to eight development projects which are expected to achieve TOP/completion within next 12 months. Strong cash generation in the next 12 months expected to significantly reduce gearing ratio. Strong cash balances for repayment of bonds due in 2016 and 2018...

Attachments: