Thursday 11 April 2013

Dividend Chaser on Lian Beng reported 26% fall in earnings

(From Article)

Construction firm Lian Beng Group reported a 25.7% fall in earnings to $30.14 million for the nine months ending Feb 28, 2018, from $40.56 million a year ago.

It attributed the fall to higher operating expenses, which grew 32.5% to $3.85 million, lowering its gross profit margin.

Revene for the nine-month period rose 5.1% to $350.66 million from $333.65 million a year earlier. The group's order book currently stands at $986 million, with projects running into FY2016.




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