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Soilbuild Q1 net shrinks 91% to S$0.4m

Published Mon, Apr 24, 2017 · 09:50 PM

Singapore

NET profits for Soilbuild Construction Group plunged 90.7 per cent from nearly S$4 million to S$0.4 million in the first quarter ended March 31, 2017, the construction company reported on Monday.

Revenue dropped 35 per cent from S$102.5 million a year ago to S$66.6 million.

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