Revenue for the period fell by 22.9% y-o-y to $364.3 million as the number of transactions completed for agency and project marketing services fell. The decline in the number of transactions led to lower commission income from both segments at $38.2 million and $69.9 million.
PropNex (SGX:OYY
) has reported earnings of $22.1 million for the 1HFY2023 ended June 30, 18.4% lower than the earnings of $27.0 million in the corresponding period the year before.
Earnings per share (EPS) stood at 2.98 cents on a fully diluted basis.
