Oxley Holdings narrows loss in FY 2025
Group revenue for the period increased by 9% year on year to $313.6m.
Oxley Holdings Limited has narrowed its loss to $8m for the financial year 2025, compared to a $110.5m loss during the same period last year.
Group revenue for the period increased by 9% year on year to $313.6m, mainly due to higher income from the property development projects in Malaysia and the UK.
However, administrative expenses increased by 28% YoY to $43.1m, driven by professional fees, higher management fees incurred by the Singapore hotel and an increase in staff costs in Cambodia.
Other losses grew 10% YoY to $40.4m, primarily due to losses from impaired assets, a subsidiary sale, and financial instruments and receivables.