Skip to content
Cosmopolitan Canada
Business

Oxley Holdings H2 loss narrows to S$8.3 million on higher revenue

By Swedan Margen

Oxley Holdings H2 loss narrows to S$8.3 million on higher revenue

Its loss per share stood (LPS) at S$0.002, against a LPS of S$0.0224 in H2 of FY2024

Property developer Oxley Holdings on Friday (Aug 29) posted a narrower loss of S$8.3 million for its second half ended Jun 30, 2025, as compared to S$94.9 million in the year-ago period.

This translated to a loss per share (LPS) of S$0.002, versus an LPS of S$0.0224 in H2 of FY2024.

For the six months, revenue rose 59.8 per cent to S$198.3 million from S$124.1 million, mainly due to higher revenue recognised for property development projects in Malaysia and the UK.

The group said it did not declare any dividend for the period in order to preserve its working capital.

The counter ended Friday 1 per cent or S$0.001 lower at S$0.102, before the announcement.

Share with us your feedback on BT's products and services

Source link

More Business