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United Industrial Corp full year earnings up 10% to $286 mil

Jude Chan
Jude Chan2/17/2017 05:45 PM GMT+08  • 2 min read
United Industrial Corp full year earnings up 10% to $286 mil
SINGAPORE (Feb 17): United Industrial Corporation posts full year earnings of $286.0 million, increasing 10% from earnings of $260.6 million a year ago.
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SINGAPORE (Feb 17): United Industrial Corporation posts full year earnings of $286.0 million, increasing 10% from earnings of $260.6 million a year ago.

UIC recorded 28% higher revenue of $1.04 billion for the full year ended Dec 31, 2016, compared to $807.2 million in FY2015.

This was largely attributed to higher revenue recognition from residential properties sales.

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