Lian Beng's Q3 profit up 63% on higher revenue
Singapore
CONSTRUCTION firm Lian Beng Group, which is spinning off its property unit into a Catalist listing this month, on Thursday said it expected a "steady flow of activity" through to fiscal 2022. It reported a 63 per cent rise in net profit for the fiscal third quarter from a year ago.
Net profit for the three months ended Feb 28, 2018, stood at S$4.68 million, up from S$2.87 million a year ago. This translated to earnings per share of 0.94 Singapore cents, up from 0.57 Singapore cents a …
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Swiss watch exports plunge as China and Hong Kong demand dries up
Huawei starts sales of new Pura 70 smartphone amid scrutiny on chips
BP reshapes its leadership team as some executives leave company
Deliveroo returns to order growth on strong international demand
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO
Danone beats Q1 sales forecasts, keeps 2024 goals