Sales from property developments more than doubled to $90.1 million due to higher progressive revenue recognised for High Park Residences and sales of Fulcrum.
SINGAPORE (May 4): Chip Eng Seng, the property developer and construction company, reported a more than seven-fold surge in 1Q earnings to $6.1 million from $0.8 million on higher sales across all segments.
Revenue for the three months ended March rose 62.6% to $181.9 million.
