SINGAPORE (May 24): Bukit Sembawang Estates saw its earnings surge ninefold to $21.5 million in the 4Q ended March, from $2.3 million a year ago athough full-year earnings fell 23.7% to $55.3 million.

4Q18 revenue more than doubled to $32.8 million, from $15.2 million a year ago, on the back of higher sales and higher profit recognition on development projects.

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