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BRC Asia reports 108% y-o-y surge in earnings of $39.8 mil in the 1HFY2022

Felicia Tan
Felicia Tan5/11/2022 09:45 PM GMT+08  • 3 min read
BRC Asia reports 108% y-o-y surge in earnings of $39.8 mil in the 1HFY2022
As at March 31, the group’s order book stood at $1.0 billion. Photo: Albert Chua/The Edge Singapore
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BRC Asia has reported earnings of $39.8 million for the 1HFY2022 ended March, 108% higher than net profit of $19.2 million in the same period the year before.

Earnings per share (EPS) for the period stood at 14.65 cents, higher than the 8.08 cents in the 1HFY2021.

Revenue for the half-year period increased by 61% y-o-y to $793.3 million in line with the higher deliveries and higher steel prices.

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