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Frasers Property reports 8.3% higher 2Q earnings of $120.5 mil on Aussie sales and settlements

PC Lee
PC Lee • 2 min read
Frasers Property reports 8.3% higher 2Q earnings of $120.5 mil on Aussie sales and settlements
SINGAPORE (May 3): Frasers Property reported 2Q19 earnings of $120.5 million from a year ago, bringing 1H19 earnings to $266 million, 37.2% higher than a year ago.
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SINGAPORE (May 3): Frasers Property reported 2Q19 earnings of $120.5 million from a year ago, bringing 1H19 earnings to $266 million, 37.2% higher than a year ago.

Revenue for 2Q19 increased 11.1% to $934.3 million while revenue for 1H19 increased 26.9% to $2.0 billion.

PBIT rose 2.5% in 2Q19 to $283.2 million, bringing 1H PBIT 24.7% higher to $637.6 million.

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