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Quarterly Report Q2 2018: Lian Beng reports deterioration in Net Profit Corporate Wire Date: 17 January 2019 13:04 SGT

Jan 17, 2019 - News Bites - Asia: Singapore
Financial Results

SINGAPOREAN RESULTS

Lian Beng (SI:L03) announced net profit for the quarter-ended 30 November 2018 of SGD7.7m ($US5.6m), a deterioration from SGD5.2m ($US3.8m) in the previous corresponding period.

Major changes compared with previous corresponding period [Year-on-Year]:

Favourable Changes:

- Profit after tax to Revenues was up from 6.8% to 9.7%

- Profit before tax to Revenues was up from 11.5% to 13.4%

- EBIT to Revenues was up from 11.5% to 13.4%

- EP...