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Stamford Land sees near-trebling of 4Q earnings to $25.6 mil on higher property development revenue

Stanislaus Jude Chan
Stanislaus Jude Chan5/25/2018 06:04 PM GMT+08  • 1 min read
Stamford Land sees near-trebling of 4Q earnings to $25.6 mil on higher property development revenue
SINGAPORE (May 25): Stamford Land Corporation saw its earnings nearly treble to $25.6 million for the 4Q ended March, from $8.9 million a year ago.
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SINGAPORE (May 25): Stamford Land Corporation saw its earnings nearly treble to $25.6 million for the 4Q ended March, from $8.9 million a year ago.

This brings full-year earnings up 63.2% to $56.4 million for FY18, compared to $34.6 million a year ago.

4Q revenue rose 14.3% to $189.7 million, from $166.0 million a year ago.

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