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Fraser Property's fiscal 2018 profit up 10% to S$759m

Fri, Nov 09, 2018 – 9:12 AM

FAIR value gains of S$ 637 million on Frasers Property’s investment properties, as well as the timing of sales settlements of development projects in Singapore and Australia, and maiden contributions from the business parks in the United Kingdom lifted results for the group for its 2018 financial year.

Net profit increased 10.1 per cent to S$ 759 million from the previous year, while revenue grew 7.1 per cent to S$ 4.31 billion for the 12 …
The Business Times

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