Building & Engineering
Hong Leong Asia’s profit soars 60.9% to $49.5m in H1 2024
Hong Leong Asia’s profit soars 60.9% to $49.5m in H1 2024
EPS stood at 6.62 Singaporean cents in H1 2024.
ST Engineering profit rises 20% YoY to $337m in H1 2024
The group’s revenue also grew 14% YoY during the period.
OKP Holdings' net profit drop 66.1% to $12.1m in H1.
Thanks to ongoing and newly-awarded projects.
Hock Lian Seng’s earnings soar 128.8% in H1 2024
Gross profit surged 213.9% to $21.3m.
Soon Liang Holdings Ltd. anticipates rebound in H1 2024
The company reported a net loss of $2.6m in H1 2023.
Soon Liang Holdings Ltd. anticipates rebound in H1 24
The company reported a net loss of $2.6m H1 2023.
CSE Global’s H1 net profit surges 36.4% to $15.0m
The growth was driven by broad-based growth across all business segments and geographical regions.
CSE Global bags $204.4m worth of new orders in Q2 2024
The electrification segment secured 45.4% of the total orders.
Keppel buys Chennai office complex for $352.9m
The property will be used to attract investors to the Indian office market.
Construction activity in Singapore hits low in Q2
There were fewer private residential and non-residential workloads.
Keppel's net profit falls sharply by 92% YoY to $304m in H1 2024
Excluding legacy O&M assets, net profit from continuing operations would be 7% YoY higher.
KTC Civil Engineering bags $590m contract for CR19 Jurong Lake District station
It will begin construction work in the fourth quarter of 2024.
Hong Leong Asia names Josephine Lee as new CFO
Lee was previously the CFO of Frasers Hospitality Asset Management and Fraser Hospitality Trust Management.
Start-up streamlines construction process with AI document handling
With Civils.ai, construction companies can save up to 20% in costs.
AusGroup delists from SGX-Mainboard
The company is currently insolvent with debts exceeding its realisable assets.
Pan-United announces leadership changes, Ken Loh to be new CEO
Loh will replace May Ng.
IES Singapore launches $210,000 scholarship fund for eng’g college students
They also inked an MOU with Singapore Space Technology Limited.
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