As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

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Wednesday, 11 April 2012

Lian Beng’s 9MFY2012 net profit up 10.0% yoy to S$40.5 million

  • 9MFY2012 net profit reaches 83.4% of FY2011 net profit

  • Group continues to grow ready-mixed concrete business segment in preparation for proposed listing of its engineering and concrete business in Taiwan

  • Cash generative business and sound investment brought cash and cash equivalent higher at S$178.3 million as at 29 February 2012

  • Strong construction order book of S$742 million as at 29 February 2012 keeps Group busy through FY2015

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