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Oxley plunges into the red with $296.3 mil loss in 2H20 on fair value and non-recurring losses

Felicia Tan
Felicia Tan • 3 min read
Oxley plunges into the red with $296.3 mil loss in 2H20 on fair value and non-recurring losses
The group registered total losses of $280.6 million for FY20, from the earnings of $96.8 million in FY19.
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Oxley Holdings registered losses of $296.3 million for 2H20 ended June, from the earnings of $62.5 million a year ago.

The group registered total losses of $280.6 million for FY20, from the earnings of $96.8 million in FY19.

Revenue for 2H20 surged 299% y-o-y to $638.9 million mainly driven by higher revenue from the projects in Cambodia, the UK, and Singapore, as well as new contribution from its wholly-owned subsidiary group in Australia.

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