Ley Choon Group

Earnings per share stood at 0.486 cents, up from 0.358 cents in 1HFY2024.

The company will have greater freedom over its working capital management and decisions on capital expenditure going forward.

The contracts are expected to progressively contribute to the group’s financial performance after commencement.

The higher earnings were attributed to the higher revenue and margins seen during the year.

SINGAPORE (June 12): Ley Choon Group has won contracts worth $5.3 million in aggregate.

SINGAPORE (May 28): Ley Choon Group reported a 95.6% drop in 4Q18 earnings to $0.2 million, marking the eight consecutive quarter of profitability for the underground utilities infrastructure construction and road works service provider.

SINGAPORE (Jan 8): A subsidiary of Ley Choon Group has won a contract from Singapore’s national water agency.

SINGAPORE (Sept 26): Singapore stocks closed lower on Monday, in line with the wider region after a negative lead from the US last Friday.