Bukit Sembawang Estates has posted earnings of $189.4 million for the FY2021 ended March, 149% higher y-o-y from $76 million previously.

Earning per share (EPS) for the period amounted to 73.17 cents, compared to 29.38 cents the previous year.

Revenue grew 57% y-o-y to $581 million for the period, while gross profit grew 36% y-o-y to $243.4 million. Bukit Sembawang Estates attributes this to higher profit recognised on development projects.

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