Lum Chang Q3 net profit up more than six fold

LUM Chang Holdings' net profit for the third quarter ended March 2015 jumped more than six fold to S$19.8 million from S$3.2 million a year ago.

Revenue rose 43 per cent to S$67 million from S$47 million due to increase in work done on three construction projects.

Earnings per share rose to 5.15 Singapore cents from 0.87 Singapore cents. No dividend was recommended.