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Lian Beng posts record profit, higher dividends

Revenue jumps on rise in property development sales

BOOSTED by record revenue and higher gross margin, construction group Lian Beng's full-year net profit attributable to shareholders surged 19.4 per cent to a high of S$87.1 million.

The 12 months ended May 31 registered a 49.1 per cent jump in revenue to S$753.9 million. This was driven...