SINGAPORE (Aug 9): Frasers Property Ltd yesterday posted an attributable profit of S$198.1 million for the third quarter (3Q), up 8.6% from a year ago.

The Business Times report said revenue fell 2.7% to S$1.36 billion, boosted by maiden contributions from the industrial and logistics parks in continental Europe and the business parks in the UK. Earnings per share was 6.53 Singapore cents after fair value change and exceptional items, up from 6.26 cents a year ago.

No dividend was declared for the period.

This article first appeared in The Edge Financial Daily, on Aug 9, 2018.

For more stories, download EdgeProp.my pullout here for free.

SHARE
SPONSORED CONTENT
Beyond the front door: Setia crafts communities for the Malaysian way of life

For many families today, the question is no longer simply about owning a home. It is increasingly about where that home sits within a larger community.

read more
RELATED POSTS
  1. Singapore ultra-wealthy population to grow 46% in next five years; buying power for luxury homes falls
  2. IOI Properties 3Q profit soars on stronger Singapore contributions, land sale gains
  3. Eversendai bags RM400 mil in new Singapore and India jobs, 1Q revenue up 26%