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Lian Beng's Q2 net profit falls 43% on higher costs

Singapore

CONSTRUCTION cum developer group Lian Beng on Friday said its net profit fell 43.2 per cent to S$3.2 million for its second quarter ended Nov 30, 2017, due to higher cost of sales and higher distribution expenses and finance costs.

For the quarter, revenue rose 2.5 per...

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