OKP's Q4 earnings quadruple to S$8m

Singapore

OKP Holdings' fourth-quarter net profit more than quadrupled thanks to higher revenue, better gross profit margin and improved contributions from associates and joint ventures.

For the three months ended Dec 31, 2016, the infrastructure and civil engineering group chalked up earnings of S$8.02 million, against S$1.93 million for the previous corresponding period.