Total group revenue rose 39% to $51.4 million. Revenue from the Property Development segment increased 66% to $37.2 million in 2Q19 from $22.4 million in 2Q18, largely due to revenue recognition from The Hensley upon settlement in 1Q19 and progressive revenue recognition from The Navian and Harbour View Gardens.
SINGAPORE (July 31): Roxy-Pacific Holdings recorded 2Q earnings of $4.2 million, down 16% from $5.0 million a year ago. This brought 1H19 earnings down 27% to $9.3 million.
Earnings per share for the quarter fell to 0.32 cent from 0.38 cent a year ago.
