But despite the dismal performance, market watchers remain bullish.
SINGAPORE (Nov 19): Frasers Property Limited (FPL) recently reported that its earnings dropped 25.3% to $560.3 million, from $749.6 million a year ago.
Revenue for the year also fell to $3.79 billion, 12.2% lower than $4.32 billion in FY18. The mainboard listed group’s strategic business units (SBUs) in Singapore and Australia registered declines of 49% and 5% respectively.
