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KJ5 — BBR Holdings (S) News Story

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Singapore's BBR Holdings half-year revenue, net income decline

Singapore's BBR Holdings half-year revenue, net income decline


Overview

  • Singapore construction firm's half-year revenue declined 25.6% yr/yr

  • Net income attributable to equity holders dropped 57.5% yr/yr

  • Gross profit rose 7.4% yr/yr despite lower revenue


Outlook

  • Company did not provide specific guidance or outlook for future periods


Result Drivers

  • OTHER OPERATING INCOME - Co reported a 159.3% increase in other operating income for the half-year

  • COST REDUCTIONS - Administrative and finance costs declined yr/yr, supporting profitability


Company press release: ID:nSN49YWG5


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

H1 Revenue

S$85.20 mln

H1 Net Income Attributable

S$217,000


Reuters Recommended Reads

  • Aug 13 - Singapore's Tiong Seng swings to profit in H1

  • Aug 13 - Singapore's Engro H1 revenue surges on higher construction demand in Singapore, Malaysia

  • Aug 11 - Singapore's OKP Holdings H1 net profit rises 43.8%


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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