Frasers Property profits fall 25% to $569m in FY2019 over Australia woes

Submitted By:  Staff Reporter Case Study:  No The company’s Singapore and Australian projects reported lower contributions. Frasers Property reported moderate earnings for the full-year ending 30 September, with attributable profits slipping 25.3% YoY to $560.3m in FY2019 from $749.7m in the previous year, the company’s SGX filing revealed. Revenue also slipped 12.2% YoY to $3.79b in FY2019 from $4.32b in FY2018. read more