新闻
Lian Beng: Achieves Record Revenue And Net Profit Of S$753.9 Million And S$127 Million Respectively For FY2014.
23 Jul 2014 18:00FY2014 revenue surged 49.1% to S$753.9 million on recognition of industrial property, M-Space and progressive revenue from property development projects The Midtown and Midtown Residences, Spottiswoode Suites and Lincoln Suites. FY2014 net profit increased 38.7% to S$127.0 million, profit to shareholders improved 19.4% to S$87.1 million. Group proposes dividends of 2.25 Singapore cents per share, 80% higher than the dividends paid for FY2013. Group's cash and cash equivalent stood at S$176.7 million as at 31 May 2014, ready to fund further business expansion through acquisition or joint venture. Group expects dormitory business, rental income of properties, and dividends and interests from investments to contribute positively to recurring earnings going forward...
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Source: ShareInvestor Express
