Hai Leck Holdings announced that its earnings for FY2021 ended June has surged by some 194% to $12.1 million, compared to just $4.1 million in FY2020, mainly due to higher other income and lower overall expenses. 

Revenue was however 7.2% lower at $88.5 million, compared to $95.4 million a year ago, due to lower project and maintenance services revenue. 

As cost of sales were 14.4% lower y-o-y at $46.9 million, gross profit for FY2021 came in 2.7 % higher y-o-y at $41.6 million. 

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