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ISOTeam poised to ride strategic acquisitions to stay out of the red

Uma Devi
Uma Devi • 5 min read
ISOTeam poised to ride strategic acquisitions to stay out of the red
SINGAPORE (Aug 30): ISOTeam ended FY19 on a high, as it reversed out of the red on the back of higher revenue. Now, the building maintenance and estate upgrading company looks poised to ride a wave of strategic acquisitions to continue its growth trajecto
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SINGAPORE (Aug 30): ISOTeam ended FY19 on a high, as it reversed out of the red on the back of higher revenue. Now, the building maintenance and estate upgrading company looks poised to ride a wave of strategic acquisitions to continue its growth trajectory.

The group saw its FY19 earnings surge 14-fold to $6.8 million, as full year revenue jumped 63% to $136.6 million.

All of the group’s segments recorded double-digit growth figures on the back of an increase in the number of projects as well as higher value projects such as the new nightclub at Marina Bay Sands.

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