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Frasers Centrepoint FY15 Net Profits Soar 54%
Daily Bulletin | 09 November 2015
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Frasers Centrepoint announced soaring net profits for FY15 which increased 54 percent to $771.3 million on the back of a massive revenue expansion.

Revenue expanded 61.7 percent to $3.6 billion, driven by increased contributions across the board. The hospitality segment has the largest increase in revenue (122 percent) largely driven by the acquisition of the Malmaison Hotel du Vin Group in June 2015 and the benefit of full year contribution from properties acquired towards the end of last year.

Frasers Property  1.630 -0.010 -0.61%   
Business: Co is an integrated real estate player. [FY16 Turnover] Properties Strategic Business Units (SBU) (86.4%), International Business (13.6%).

Insight: Aug-18, 9M18 revenue decreased by 4.3% while net p... Read More

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