Swee Hong reverses back into the black with earnings of $30.2 mil in FY17

SINGAPORE (Aug 30): Civil engineering company Swee Hong reported earnings of $30.2 million in FY17 compared to a loss of $10.2 million in FY16.

Group revenue increased 44% to $58.9 million from $40.8 million the previous year.

This came on the back of an increase in revenue in the group’s two business segments – Civil Engineering and Micro-Tunnelling.

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