Wee Hur looks beyond construction and real estate to drive future growth
WEE Hur Holdings’ roots may lie in the construction industry, but the mainboard-listed company has quickly made a name for itself in other sectors, from property development and student housing to fund management.
This diversification has proven successful, with income growing steadily year on year.
In its latest financial year ended December 2023, revenue was up 4.1 per cent year on year to S$224.8 million. Net profit grew 45.1 per cent year on year to S$98.6 million.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Abu Dhabi builder plans US$6.8 billion luxury housing project
JTC to sell hospitality project being built in Punggol Digital District
Mapletree Logistics Trust posts 2.5% drop in Q4 DPU; manager warns of further headwinds
Abu Dhabi developer Aldar posts 88% in Q1 leap
Without a game changer, Sentosa Cove condos will continue underperforming
Church to tackle US housing crisis