Stock Investment : Fragrance Group sees earnings plunge 89% in 3Q to $3.1 mil .

Fragrance Group posted profit of $3.1 million for 3QFY16, a 88.8% decay from the income of $27.8 million in 3QFY15. 

Income fell 48.5% to $33 million for the quarter to Sept, on the back of a 52.3% reduction in property advancement income to $28.3 million and a 1.1% lessening in property speculation income to $4.7 million. 

Net overall revenues ascended by 8.8 rate focuses to 39.6%.

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