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Wheelock Properties posts 72% rise in 3Q earnings to $49 mil

Samantha Chiew
Samantha Chiew • 1 min read
Wheelock Properties posts 72% rise in 3Q earnings to $49 mil
SINGAPORE (Nov 14): Wheelock Properties reported 3Q17 earnings increased by 72.1% to $48.8 million compared to 28.3 million in 3Q16.
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SINGAPORE (Nov 14): Wheelock Properties reported 3Q17 earnings increased by 72.1% to $48.8 million compared to 28.3 million in 3Q16.

Revenue for the three months ended September rose 19.7% to $182.7 million from $152.6 million a year ago.

Cost of sales rose 28.4% to $156.1 million from $121.6 million last year.

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