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%
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(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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