SINGAPORE (May 28): Property developer Pan Hong Holdings reported a surge in earnings to RMB 113.6 million (S$22.5 million) for FY20 ended March, a 107.4% increase from RMB 54.8 million in FY19.
A final dividend of 1.5 cents per share has been proposed.
Revenue for the full year increased by 120.1% y-o-y to RMB643.9 million attributable to the larger control of more residential units of Pan Hong Run Yuan Phase 2, compared to a year ago.
