Roxy-Pacific’s net profit soared 210% to $46.5m in Q1
Thanks to Centropod@Changi.
Roxy-Pacific Holdings reported that its net profit soared 210% year-on-year to $46.5m in the first quarter.
Revenue also surged 149% year-on-year to $198.2m, thanks to growth in its property development and property investment segments.
The surge was mostly due to the recognition of profits from Centropod@Changi, which attained its temporary occupation permit in January 2015.
More From Singapore Business Review