This brings full-year earnings for FY18 to $285.0 million, some 31% higher than $218.1 million a year ago.
4Q18 revenue rose 4% to $233.1 million, compared to $224.3 million a year ago.
This was mainly due to higher revenue contribution from the project in UK, as well as new revenue streams from Novotel/Mercure Singapore on Stevens and Chevron House in Singapore.
As at end June, cash and cash equivalents stood at $255.0 million.
Oxley has declared a final dividend of 0.78 cents per share for FY18, higher than the final dividend of 0.70 cents paid a year ago.
Together with the interim dividend 0.72 cents paid earlier, this brings total dividends for FY18 to 1.50 cents per share.
Looking ahead, Oxley says putting its eggs in different baskets have proven to be a winning formula in the group’s quest for sustainable growth.
“Building on its experience in the Singapore residential market, the group has slowly undergone the process of metamorphosis, building up its core competences across different property market sectors and geographical markets,” says Oxley’s executive chairman and CEO, Ching Chiat Kwong.
“Today, we have exciting projects in 11 markets which can deliver $20 billion Gross Development Value (GDV). We are cautiously optimistic of sustainable future growth,” he adds.
Shares in Oxley closed flat at 35 cents on Friday.
