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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
Wed, Jul 29, 2015 - 5:50 AM
tanmindy@sph.com.sg@MindyTanBT

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...

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