SINGAPORE (Feb 26): Soilbuild Construction Group reversed into net losses of $3.2 million and $6.3 million for the 4Q17 and FY17 respectively. This came on the back of lower revenue recognised in 4Q17 and FY17, coupled with the increase in construction costs for certain projects arising from cost overruns and extended construction period.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe