You are here

Lian Beng posts record results, boosted by fair-value gain

Full-year earnings jump 24% to S$108m; revenue up 9.4% to S$747m

Singapore

LIAN Beng Group posted record net profit and revenue for the full year ended May 31, 2015, boosted by a higher fair-value gain on investment properties and profits from its construction and dormitory segments. The group's net profit jumped 24 per cent to S$108 million and