Roxy-Pacific’s net profit soared 210% to $46.5m in Q1

Thanks to profits from Centropod@Changi.

Roxy-Pacific Holdings reported that its net profit soared 210% year-on-year to $46.5m in the first quarter.

Revenue also surged 149% year-on-year to $198.2m, thanks to growth in its property development and property investment segments.

The surge was mostly due to the recognition of profits from Centropod@Changi, which attained its temporary occupation permit in January 2015.

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