BBR 2013 earnings up 68.5% at $21.8m
HIGHER revenue recognised from construction and engineering projects helped construction group BBR Holdings to post a net profit of $21.8 million for its financial year ended Dec 31, 2013, 68.5 per cent higher than a year ago.
Revenue was up 55.4 per cent at $426.3 million.
The company said yesterday that revenue growth came from the general construction and specialised engineering segments. Its property development segment recorded lower revenue, but the highest pre-tax profit among the three segments.
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