Lian Beng’s FY11 net profit increases 100.7% to S$48.6mil;

Lian Beng’s FY11 net profit increases 100.7% to S$48.6mil;


proposes dividends of 1.6 cents per share

• Revenue increased 46.7% to S$507.3 million from S$345.7 million in FY10

• Cash and cash equivalents at a healthy S$149.9 million as at 31 May 2011, up 111.7% from S$70.8 million as at 31 May 2010

• Proposed dividends of 1.6 cents per share for FY11 is 100% more than 0.8 cents per share in FY10 and represents a stellar 4.2% dividend yield

• Robust order book of S$839 million to contribute towards top line through FY14