Hock Lian Seng's Earnings Soar 128.8% in H1 2024
Hock Lian Seng's Earnings Soar 128.8% in H1 2024
The increase in the civil engineering segment was due to the finalisation of accounts with subcontractors as the CAG JV project neared completion, whilst the rise in the property development segment was boosted by higher revenue and favorable prices at Shine@Tuas South units.Gross profit surged 213.9% to $21.3m.
毛利润增长213.9%，达到2130万美元。
Hock Lian Seng's earnings for H1 2024 surged 128.8% to $20.4m from $8.9m a year ago.
福联盛2024年上半年的收益从去年的890万美元增长了128.8%，达到2040万美元。
Gross profit soared 213.9% to $21.3m from $6.7m in H1 2023, driven by positive contributions from the civil engineering and property development segments.
毛利润大幅增长213.9%，由民用工程和房地产开发板块的积极贡献推动，达到2130万美元，而在2023年上半年仅为670万美元。
The increase in the civil engineering segment was due to the finalisation of accounts with subcontractors as the CAG JV project neared completion, whilst the rise in the property development segment was boosted by higher revenue and favorable prices at Shine@Tuas South units.
民用工程板块的增长是由于与分包商的账务结算结束以及CAG JV项目接近完成，而房地产开发板块的增长则得益于Shine@Tuas South项目单位的较高营收和有利价格。
Meanwhile, revenue for the period fell 6.0% to $99.8m from $106.1m due to lower contributions from the civil engineering segment, offset by the higher turnover from the property development segment.
与民用工程板块的贡献下降相抵消，截至目前，该公司营业收入下降6.0%，从10610万美元降至9980万美元。
As of 30 June, the company's order book for the civil engineering segment totals $624m which includes the Aviation Park station project and Serangoon North Station project.
截至6月30日，该公司民用工程板块的订单总额为60档摆盘62400万美元，其中包括航空园站项目和实龙岗北站项目。
Earnings per share stood at $0.0398.
每股收益为0.0398美元。
