SINGAPORE (Aug 4): Chip Eng Seng Corporation saw its earnings dive 94.3% to $0.8 million for the 2Q ended June, from $14.3 million a year ago.
Group revenue fell 9.3% to $212.6 million in 2Q17, from $234.3 million a year ago.
This was led by an 8.2% decline in revenue from its property developments business to $141.8 million, and a 13.8% drop in its construction business to $60.7 million.
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