The increase in group revenue was mainly attributable to significant contributions from its City Gate project in Singapore, as well as full-period contributions from the group’s two hotels, ibis Styles Hobart in Australia and The Imperial Hotel in the United Kingdom.
SINGAPORE (May 15): Property developer Fragrance Group saw its earnings jump 57.7% to $8.5 million for the 1Q ended March, from $5.4 million a year ago.
1Q18 revenue rose 50.6% to $65.7 million, from $43.7 million a year ago.
