Bukit Sembawang's net profit soars 149% in H1
Earnings per share stood at $0.24.
Bukit Sembawang Estates Limited reported a 149% surge in its net profit to $62.9m for the first half of the year, according to its bourse filing.
Revenue rose 23% year-on-year to $324m, primarily driven by the property development segment, which contributed $316.2m.
The group's hospitality and investment holding segments recorded revenues of $7.4m and $310,000, respectively.
Earnings per share stood at $0.24, up from $0.09 last year.