Grandeur Park Residences

Chip Eng Seng reports losses of $81.1 mil for FY2020 - THE EDGE SINGAPORE

Results

Chip Eng Seng reports losses of $81.1 mil for FY2020

The company continues to sell more units of its property development projects

Broker's Calls

These 2 developers are in good shape as new private home launches, sales heat up

SINGAPORE (Apr 17): CIMB Research is maintaining its projection that developers will launch 10,000 units of private homes in 2018, after total primary home sales rose 68% month-on-month to 788 units in March.

Results

Chip Eng Seng reports more than sevenfold surge in 1Q earnings to $6.1 mil on higher sales

SINGAPORE (May 4): Chip Eng Seng, the property developer and construction company, reported a more than seven-fold surge in 1Q earnings to $6.1 million from $0.8 million on higher sales across all segments.
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