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Frasers Property's full-year net profit rises 10% to S$759m

Revenue grew 7.1% to S$4.31b for the 12 months ended Sept 30

Published Fri, Nov 9, 2018 · 09:50 PM

Singapore

FAIR-value gains, the timing of sales settlements of development projects in Singapore and Australia, and maiden contributions from the business parks in the United Kingdom lifted results for Frasers Property for its 2018 financial year.

Net profit increased 10.1 per cent to S$759 million from the previous year, while revenue grew 7.1 per cent to S$4.31 billion for the 12 months ended Sept 30.

The group posted fair-value gains of S$388 million in the fiscal year, compa…

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