The surge in earnings were mainly attributable to higher agency and project marketing revenue.
Analysts are mixed on PropNex, considering its strong FY2021 results but with more caution over earnings and the impact of property cooling measures.
On Feb 24, PropNex reported earnings of $14.3 million for the 4QFY2021 ended December, 90.5% higher than earnings of $7.5 million in the same period the year before.
