24 Feb 2017
Aug 2016
Oct 2016
Revenue fell 22.7% to $0.55 million.
Revenue fell 22.7% to $0.55 million.
Profit a 62.6% fall in 3Q16 earnings to $17.4 million from a year ago due to lower foreign exchange gain of $1.6 million and the absence of the one-off exceptional gain of $30.6 million. Excluding the exceptional gain, 3Q earnings would have decreased 16.4% instead.
Jan 2017
4Q16 earnings of $46.5 million, reversing from its loss of $7.8 million a year ago.
The turnaround was due to higher revenue, higher share of results from associated companies, and the absence of a one-off exceptional loss.
Revenue for the quarter rose 33.4% to $329.8 million due to higher handover of completed residential units in Indonesia's BSD City and industrial land sales from Kota Deltamas.
As such, the group's 4Q gross profit rose 28.0% to $205.2 million accordingly.
For the full year, the group's earnings declined 19.7% to $114.9 million from $143.1 million in FY15.
4Q16 earnings of $46.5 million, reversing from its loss of $7.8 million a year ago.
The turnaround was due to higher revenue, higher share of results from associated companies, and the absence of a one-off exceptional loss.
Revenue for the quarter rose 33.4% to $329.8 million due to higher handover of completed residential units in Indonesia's BSD City and industrial land sales from Kota Deltamas.
As such, the group's 4Q gross profit rose 28.0% to $205.2 million accordingly.
For the full year, the group's earnings declined 19.7% to $114.9 million from $143.1 million in FY15.
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