Similarly, cost of sales dropped 55% to $11.9 million from $26.4 million the previous year, mainly due to lower sales and lower profit recognition on development projects
SINGAPORE (Nov 10): Bukit Sembawang Estates announced that 2Q18 earnings dropped 54% to $17.2 million from $37.3 million in 2Q17.
Revenue fell 56.2% to $31.9 million compared to $72.9 million a year ago.

