Oxley Holdings reports 114% in Q3-2012 revenue to S$48.1mn while net profit was higher by 56% to $8.6mn...two new launches do well.....
Monday, 14 May, 2012 9:16 AM
Posted by Kevin Scully
I revisited Oxley Holdings in a recent Blog posting on 17 April 2012. The original concept recommendation that I made in January 2011 cited the execution of their bold plan as key to unlocking value. They have done it.......now we have to wait for them to recognise the profits from their sales over the next two years.
Oxley has just reported its Q3-2012 results....no major surprises in the results. Revenue rose 114% to S$48.1mn while net profit rose 56% to S$8.6mn. For the nine months to March 31, 2012, revenue rose 217% to S$121.8mn while net attributable profit is higher by 139% to S$17mn. Nine month EPS is ......