Monday, 13 April 2015
Lian Beng’s 9MFY2015 profit to shareholders up 5.7% to S$53.9 million
9MFY2015 revenue up 6.3% to S$569.9 million mainly due to higher revenue from construction segment from the on-going and new construction projects, despite the substantial revenue recognition from industrial project M-Space in 9MFY2014
Construction order book stood at approximately S$640 million as at 28 February 2015, providing sustainable flow activities through FY2017
Group’s cash and cash equivalents stood at S$153.6 million as at 28 February 2015, ready to fund potential investment opportunities
Co-development of workers’ dormitory and training centre for ASPRI expected to complete in mid-2016, contributing to Group’s recurring income thereafter
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