SINGAPORE (Aug 6): Property developer Bukit Sembawang Estates saw its earnings fall 5% to $22.0 million for the 1Q19/20 ended June, from $23.1 million a year ago.
Earnings per share slipped to 8.51 cents in 1Q19/20, from 8.94 cents in 1Q18/19.
1Q19/20 revenue rose 19% to $77.7 million, from $65.4 million a year ago, on the back of profits recognised for 8 St Thomas, Nim Collection Phase 1 and 2, and Watercove during the quarter.
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