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Chuan Hup back in the black in FY2021 with earnings of US$13.3 mil; declares 2 cents dividend

Samantha Chiew
Samantha Chiew • 2 min read
Chuan Hup back in the black in FY2021 with earnings of US$13.3 mil; declares 2 cents dividend
Chuan Hup is back in the black in FY2021 with earnings of US$13.3 mil.
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Property investment and property development company Chuan Hup has recorded earnings of US$13.3 million ($18.0 million) in its latest FY2021 ended June earnings, reversing from a lost of US$17.1 million in FY2020.

This was despite a 22.4% drop in revenue to US$19.6 million from US$25.2 million a year ago, mainly attributable to lower sales contribution from development property projects Concerto and One Kennedy.


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