On Aug 19, Oxley reported earnings of $3.2 million for the FY2022 ended June, 75% y-o-y lower than the $13.1 million reported a year ago. The company booked gains from the revaluation of some of its assets in Singapore but it had to book an impairment for its project in Cambodia.
Developer Oxley Holdings has actively been buying back its own shares. The most recent was on Sept 14, when it acquired 70,000 shares at between 15.9 cents and 16.1 cents each on the open market.
This brings the total number bought back under the current mandate to 6.47 million shares. Oxley was buying back shares too for most of September and from August 23, two trading days after it had announced its most recent full-year results.
