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Chip Eng Seng's 3Q earnings more than double to $14 mil

Samantha Chiew
Samantha Chiew11/3/2017 05:54 PM GMT+08  • 2 min read
Chip Eng Seng's 3Q earnings more than double to $14 mil
SINGAPORE (Nov 3): Chip Eng Seng, the construction and property group, announced that 3Q17 earnings more than doubled to $14.0 million from $5.71 million in 3Q16.
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SINGAPORE (Nov 3): Chip Eng Seng, the construction and property group, announced that 3Q17 earnings more than doubled to $14.0 million from $5.71 million in 3Q16.

Revenue for 3Q17 ended September increased 37.8% to $209.2 million compared to $151.8 million last year, mainly driven by robust contributions from the property developments division.

Revenue from the group’s property developments division increased more than doubled to $145.8 million from $67.9 million last year.

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